$ZEC (1h) - Bearish Rejection


Bias: Short
Entry (Zone): 423 - 428
Targets:
TP1: 412
TP2: 404
TP3: 396
Stop Loss: 436
Why this Setup:
I see price stalling after a sharp push down and then a weak bounce into overhead supply. I want to fade any rejection from this area because the structure still looks corrective, and I expect sellers to defend the recent lower-high region for another move back toward the lows.
ZEC-7.28%
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