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Is ZEC setting a trap near 450?
$ZEC /USDT - Short SHORT
Trading Plan:
Entry: 447.73 – 450.29
SL: 461.33
TP1: 439.77
TP2: 433.61
TP3: 424.37
Why focus on this structure?
Why now? The 4-hour SHORT signal is activated. RSI 15m at 49.86 is neutral to weak. The 1-day trend is a consolidation range. Entry point 449.01, TP1 439.77, TP2 433.61, stop loss 461.33. The EMA structure suggests downward inertia; first target in sight.
Discussion:
Will this SHORT move directly to TP2, or will it first bounce to lure bulls?