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$ZEC Signal | 1H rebound hit resistance, 4H shorts continue
$ZEC 4H MACD green bars keep expanding, and short momentum has not faded. After a brief recovery, the 1H RSI at 29.7 turns weaker again. Buy-side depth at 1.26 shows there are buyers taking over at the lows, but the rebound has not broken above 479. The current price is moving within a bearish arrangement.
🎯Direction: short
⚡Entry/limit orders: 475.3995 - 476.8300
🛑Stop loss: 481.5983
🚀Target 1: 469.6775
🚀Target 2: 466.1013
🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50% and move the stop loss up to breakeven. If the price falls back to the entry level, automatically exit to protect principal.
Shorting in the oversold zone needs to confirm the rebound lacks strength; given the current rebound meeting resistance, it can be attempted.
View live quotes 👇 $ZEC
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