Analysis of a potential short (sell) trade on $ZEC



The ZEC/USDT pair is currently approaching a key resistance zone, with signs of weakness and clear selling pressure.

Trade details:

· Entry zone: $462 – $488 🔥
· Targets: $438, then $417, then $388 🚀
· Stop loss: $492 (above the recent high) ⚠️

Technical outlook:

The price shows clear rejection at the $488 level, reinforcing the expected bearish trend, especially as market sentiment turns negative. We anticipate a break of the current bullish structure to confirm the start of the downtrend towards the target liquidity zones.

Risk management:

The stop loss is precisely placed above the $492 high, maintaining an attractive and disciplined risk/reward ratio.

Expected next move:

Do you expect a direct break of the mentioned support levels, or sideways consolidation before achieving the targets?

📌 Disclaimer: This is a technical analysis and not an investment recommendation. Please manage your capital wisely.

#SKHynixTopsKOSPIByMarketCap ZEC #ShortSetup #MarketStructure #TradingStrategy
ZEC-3.77%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments