Short $ZEC
Entry: 318 – 326
SL: 340
TP1: 306
TP2: 273
TP3: 240
ZEC just printed a strong vertical expansion from the 240 region straight into 332.82, tapping a major resistance and liquidity zone.
The move is clearly impulsive, but price is now stalling right under the highs — showing signs of short-term exhaustion on the 1H timeframe.
Structure outlook:
• Clean breakout with aggressive expansion
• Liquidity swept above prior highs
• Tight consolidation under 332 resistance
• 306 acts as first key support — loss of this level opens room toward 273
After a +13% expansion in a short window, risk of pullback increases. Unless price reclaims and sustains above 340, this looks like an overextension into supply rather than fresh continuation.
If momentum shifts and lower highs start forming on LTF, downside rotation becomes likely.
Risk management first — don’t fight strength without confirmation.
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Trade $ZEC here 👇
