📉 $ZEC : Hitting the moving average ceiling. Time to short it.
$ZEC is clearly rejecting attempts to break above the moving average. The price is hitting the ceiling and sellers are seizing the chance to take control. 📉
The current structure favors a continuation of the drop as long as it stays below the entry zone. The risk is limited.
Entry: 414.88 - 419.87
Stop Loss: 432.47
Targets:
TP1: 395.0
TP2: 377.1
Momentum is shifting in favor of the bears. Great opportunity to position yourself in the direction of the trend. 🚨
Click here to trade👇
$ZEC is clearly rejecting attempts to break above the moving average. The price is hitting the ceiling and sellers are seizing the chance to take control. 📉
The current structure favors a continuation of the drop as long as it stays below the entry zone. The risk is limited.
Entry: 414.88 - 419.87
Stop Loss: 432.47
Targets:
TP1: 395.0
TP2: 377.1
Momentum is shifting in favor of the bears. Great opportunity to position yourself in the direction of the trend. 🚨
Click here to trade👇