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$ZEC | 1h | Rejection Short
Bias: Short
Entry Zone: 414.00 to 420.00
Stop Loss: 426.50
Targets:
TP1: 406.00
TP2: 398.00
TP3: 389.00
Invalidation:
Close above 426.50
Why This Setup:
I see price failing to reclaim the 420-425 resistance area after a sharp selloff, and the bounce is looking corrective rather than impulsive. I’m favoring a short continuation while price stays below the prior breakdown zone, with downside liquidity likely around 406 and 398 first.