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ZEC Short Setup
Entry: 218.1 - 219.4
Targets:
🔘 Target 1: 209.2
🔘 Target 2: 206.1
🔘 Target 3: 203.3
🔘 Target 4: 195.9
🔘 Target 5: 183.6
🚫 Stop Loss: 233.1
Daily and 4H charts confirm bearish momentum with EMA ribbon alignment and MACD bearish cross accelerating downside. Bollinger Bands squeeze signals imminent breakout, favoring shorts near 218.1–219.4. Key levels: stop loss at 233.1, target 1 at 209.2, and final target at 183.6.
Disclaimer: This article is technical analysis for reference only and should not be used as a basis for trading. Profits and losses are your own responsibility!
(Or in context: "220 broke through" / "220 dropped" - depending on whether this refers to a price level that was breached or a position that was closed)