ZEC 4-hour bear trap in place—will this drop break below 530?



$ZEC /USDT - SHORT

Trading plan:
Entry: 549.3 – 553.3
SL: 570.8
TP1: 536.7
TP2: 527.0
TP3: 512.4

Why focus on this structure?
- The 4-hour timeframe signals are biased toward SHORT; the 1-day trend is still ranging, but the bears are building momentum.
- RSI on the 15-minute chart is 45.58—weak but not oversold, so there’s still room to fall.
- Entry reference at 551.3; TP1 536.7 and TP2 527.0. The stop loss at 570.8 is reasonable, and the risk-reward ratio is attractive.
- Why now? The bearish structure has just formed; it hasn’t broken through key resistance yet—enter early to catch the swing.

Discussion:
Will this move first reach TP2, or is it a bear trap for a dip before a rebound? What’s your take?
ZEC-6.30%
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