ZECUSDT is eyeing a bearish continuation on the 4-hour chart, with price testing the upper boundary of a descending channel after forming lower highs, converging with a potential entry zone near resistance that could spark downside momentum if sellers defend amid recent volatility. This setup suggests a pullback opportunity in the downtrend, targeting lower support levels with strong risk-reward exceeding 1:5.🔥Entry between 450–458 for a short position (entry from current price with proper risk management is recommended). Target at 354. Set a stop loss at a daily close above 470, yielding a risk-reward ratio of more than 1:5. Monitor for confirmation via a bearish candle close below entry with rising volume, leveraging the channel's bearish bias.🌟
📝 Trade Setup
🎯 Entry (Short):
450 – 458
(Entry from current levels is valid with strict risk & position management)
🎯 Target:
• 354
❌ Stop Loss:
• Daily close above 470
⚖️ Risk-to-Reward:
• > 1:5
💡 Your view?
Does ZEC reject the channel top and flush toward 354 — or will buyers force a deeper correction?
👇 Share your thoughts below! 👇
Trade attivo
Trade was activated!Nota
We reached to around 1:2 R/R. You can save your profit, and get free of your risk!Trade chiuso: obiettivo raggiunto
The position was closed with 1:2 R/R
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.