#ZEC
ZEC’s Trend and My Personal View🚨
To all you short sellers 🫵

⛳️Looking only at the breakout structure, the 1:1 rise has already been completed
⛳️Has the bullish trend broken down? No
⛳️Has it topped out and finished rising? A technical resistance top appeared around 1260 after the first new high, but this cannot be confirmed as the absolute top because the bullish trend has not broken down. This top can be repeatedly tested to form a double or triple top, or it could be broken through
⛳️The level to watch is around 1105. Only a break below this low could gradually develop into a 4H-level downtrend
⛳️The current long-short ratio is 0.42, and short accounts outnumber long accounts by more than 2 to 1.
⛳️Current liquidity is mainly concentrated between 1180-1230, with whale liquidations beginning to appear above 1330
⛳️If another 1:1 rise occurs, we could see it reach around 1530

🔥 Trading suggestions:

⚠️ The top recommendation is not to trade or get involved. This is the greatest respect you can show your money.
⚠️ If you cannot control yourself and feel that you will die if you do not trade, you can try with an ant-sized position: keep the liquidation price below 4000
1. Either try shorting on the left side in the RSI oversold zone at 1338-1368, with a strict stop-loss at 1398
2. Or wait for the next breakout to a new high, then look for an opportunity after a pullback and consolidation
3. Or wait for a break below 1112. If it retests 1112 but cannot reclaim it, short on the right side with 1112 as resistance; the stop-loss should be at 1200 (the previous 4H high)$ZEC