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Everyone’s bullish on ZEC—but the 4h data just flashed a reversal nobody sees coming.
$ZEC /USDT - SHORT
Trade Plan:
Entry: 407.57 – 410.71
SL: 424.17
TP1: 397.87
TP2: 390.35
TP3: 379.07
Why this setup?
Why now? RSI on the 15m hit 69.02—overbought in a range-bound 1D trend. The short setup at 409.14 targets TP1 at 397.87, with ATR showing tight volatility at 6.26. This isn’t a breakout; it’s a rejection waiting to happen.
Debate:
Is ZEC about to dump to 379 or fake you out for a long squeeze?