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$ZEC ๐The current price movement is driven by strong selling pressure (Short Squeeze), supported by massive institutional buying from Grayscale currency ETFs.๐๐๐ต๐ต
Peace be upon you, how are you? .......๐น๐นโค๏ธโค๏ธ
๐ Buying Plan (Buying on Correction)
Entry (Buy): On a bounce from the $1,151 โ $1,163 area.
Targets (TP): TP1 at $1,199, TP2 at $1,227, TP3 at $1,268.
Stop Loss (SL): $1,101 (Strict Stop).
๐ Selling Plan (Scalping for Quick Trading)
Entry (Short): On rejection from the resistance at $1,206 โ $1,215.
Targets (TP): TP1 at $1,142, TP2 at $1,100.
Stop Loss (SL): $1,225 (Strict Cancellation).
โ ๏ธDear Traders, Important Warning: Do not chase the current high at ($1,240+). Because the extreme overbought condition makes a 20% correction towards the $1,000 level highly likely before the upward trend resumes.
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$FORM ๐Your eye on๐๐๐ต๐ต
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$FF ๐Your eye on๐๐๐ต๐ต
๐ต๐ต๐๐mansoor777๐๐๐ต๐ต
Invalidation of the plan: A break below the support at $1,180 would indicate weakness in the upward structure and push the price further down.
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