Coin $ZEC is gearing up to liquidate the eager buyers in a lethal bull trap on the four-hour timeframe that no one will escape from.
Trend: Short / Bearish
Entry Zones: 508.21 - 510.51
Targets ๐ฏ
First Target: 501.11
Second Target: 495.60
Third Target: 487.35
Stop Loss: 520.37
Technical Reasoning for the Trade: We have spotted a strong bearish signal on the four-hour chart with a confirmation rate of 95%, indicating a sharp weakness in the daily bullish momentum. Current RSI levels provide sellers with the perfect space to push prices down before hitting actual support zones. The current price action confirms a strong rejection at higher levels, paving the way for a deep and rapid correction.
Will you risk your capital and buy at the current peak while the technical data clearly points to an imminent drop?
#Zcash #Crypto_Trading #ุชุญููู_ุงูู ุคุดุฑุงุช
Trend: Short / Bearish
Entry Zones: 508.21 - 510.51
Targets ๐ฏ
First Target: 501.11
Second Target: 495.60
Third Target: 487.35
Stop Loss: 520.37
Technical Reasoning for the Trade: We have spotted a strong bearish signal on the four-hour chart with a confirmation rate of 95%, indicating a sharp weakness in the daily bullish momentum. Current RSI levels provide sellers with the perfect space to push prices down before hitting actual support zones. The current price action confirms a strong rejection at higher levels, paving the way for a deep and rapid correction.
Will you risk your capital and buy at the current peak while the technical data clearly points to an imminent drop?
#Zcash #Crypto_Trading #ุชุญููู_ุงูู ุคุดุฑุงุช