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#ZEC
This time, I chose to short ZECUSDT after the price pushed into the $1,500+ area and the move started looking stretched to me.
My entry is $1,576.91 with 60x leverage. When I captured the trade, ZEC was trading around $1,551.75, meaning price had already moved about $25 below my entry, while the position was showing +91.54% ROI.
My reason for taking the short was simple: after such a sharp upside move, I wanted to trade the pullback rather than chase another breakout. I’m watching the $1,500 area closely now. If sellers keep control below this zone, I’ll be looking for further downside. If ZEC starts reclaiming the recent high area with strong momentum, I’ll reconsider the short.
With 60x leverage, I’m not treating this as a guaranteed move. The setup can work quickly, but the risk also moves quickly. My priority is protecting the trade and taking profit when the market gives it.
For now, I’m holding the short and letting the price action decide the next move.
Entry: $1,576.91
Current shown price: $1,551.75
Leverage: 60x
Shown ROI: +91.54%
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