【$ZEC Signal】Short squeeze continues, 1H level pullback is a buy

$ZEC The 1H level is consolidating strongly above EMA20, with price hugging the upper Bollinger Band, typical of a high-level consolidation after a short squeeze. The 4H level has broken through the downtrend line, and a massive bullish candle has laid the foundation for short-term strength. The current negative funding rate (-0.005%) combined with firm price action indicates that bears are still being squeezed, and any healthy pullback is a good entry opportunity.

🎯Direction: Long (Long)

🎯Entry/Order: 284.5 - 286.0 (Reason: Dynamic support at 1H EMA20, also the low of the previous 1H candle )

🛑Stop loss: 277.5 (Reason: Break below the 1H support low, and it is located in the middle of the 4H bullish candle; a breakdown would damage the structure )

🚀Target 1: 295.0 (Reason: Previous high resistance and psychological level )

🚀Target 2: 305.0 - 310.0 (Reason: 0.618 Fibonacci retracement of the previous downtrend on the 4H level and previous accumulation zone )

🛡️Trade Management:

- Position size suggestion: Light position (Reason: Daily gains have exceeded 23%, volatility is extremely high, strict risk control is necessary )

- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price quickly surges to the Target 2 zone, consider taking full profits.

Deep logic: Market logic suggests ‘price rising, please consider open interest trends,’ and the OI trend is stable, not a short covering squeeze, but more like new long capital entering. The 1H RSI is as high as 76, in overbought territory but not exhausted, indicating strong buying pressure. Market depth shows sell orders (above 286.3) are significantly heavier than buy orders, yet the price has not been pushed back, indicating active buying orders are continuously absorbing sells. The 4H buy/sell ratio during the upward candle reaches 0.54, showing capital is following the rise. This is a typical short squeeze + capital-driven rally, follow the trend.

Trade here 👇 $ZEC

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