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$ZEC (1h) - Bearish Rejection
Bias: Short
Entry (Zone): 415.0 - 419.0
Targets:
TP1: 406.0
TP2: 398.0
TP3: 390.0
Stop Loss: 426.5
Why this Setup:
I see price stalling after a sharp selloff and backfilling into a nearby resistance area, which keeps the downside bias intact. I want to short any failed push into this zone, looking for continuation back toward the recent lows and the next liquidity pockets below.