
Let me look at $ZEC Up 15% to 522. Hit a high of 546 earlier today, now pulling back a little. Question is — is this a break or a fakeout?
Let me give you both sides. You pick your fight.
LONG ZEC (if you believe the breakout):
Entry: 515 – 525
Stop loss: 505
Take profit: 540 / 555 / 570
Why? Price made a higher high on the 4h chart. That's bullish. If it holds above 515, next stop could be 540.
SHORT ZEC (if you think it's exhausted):
Entry: 525 – 535
Stop loss: 548
Take profit: 510 / 500 / 490
Why? It already hit 546 and got rejected. That's a 24-hour high that didn't hold. Sellers showed up at the top.
What am I watching? That high at 546 is key. If ZEC breaks above 548 with volume, I'm long. If it stays below 535 for the next few hours, I'm short. Right now? I'm sitting on my hands waiting for the next move.
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