【$ZEC Signal】Rebound failure, short squeeze

$ZEC 1H level rally and pullback, heavy selling pressure at 381.71 high, gap in buying. 4H Bollinger upper band at 401.5 shows obvious resistance, MACD histogram continues to shrink, bullish momentum waning. Market depth shows sell wall stacking from 376.1, with dense resistance above.

🎯Direction: Short

⚡Entry: Enter directly at current price 376.0

🛑Stop Loss: 306.5

🚀Target 1: 436.42

🚀Target 2: 479.73

🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back to entry level, automatically exit to protect capital.

1H RSI quickly drops from overbought zone to 54.3, indicating active capital withdrawal. Position remains stable but price cannot break previous high, showing divergence between volume and price. Negative funding rate suggests short positions have a cost advantage, but it hasn't triggered a short squeeze rebound, market absorption is weak. Risk-reward ratio of 0.92 is not ideal, but structural breakdown takes priority. This level is suitable for testing short continuation with smaller positions.

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