ZEC 4-hour oversold—who are the majors waiting for to make the first move?



$ZEC /USDT - Go LONG

Trading plan:
Entry: 524.91 – 529.15
SL: 506.66
TP1: 542.31
TP2: 552.49
TP3: 567.77

Why focus on this setup?
- RSI on the 15-minute chart fell to 25.2, which is an extremely oversold zone—rebound momentum is about to trigger.
- The daily trend is bullish; the 4-hour pullback is into the support area around 527, and ATR is only 8.5. After volatility contraction, it often comes with a breakout.
- Current price is 527.03, right within the entry range 524.91–529.15. The risk-reward ratio is close to 3:1 (TP1 542.31, SL 506.66).

Discussion:
Will this rebound first hit TP2 at 552, or will it run a stop-hunt for a fakeout and then dump to 511?
ZEC-7.58%
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