【$ZEC Signal】Long and short battle, waiting for direction confirmation on the 1H timeframe!

$ZEC The 1H timeframe is consolidating with decreasing volume near the key support level of 257.5, and the bulls and bears are at an impasse. The 4H timeframe remains in a downtrend, but the latest 4H candlestick closed with a long lower shadow, indicating buying interest starting to resist downward pressure. The current price is close to the 1H EMA20 (~260); whether it breaks through or not will determine the short-term direction.

🎯 Direction: Watch and wait ( Pending Orders )

⚡ Pending Order Strategy:

- Long trigger: Price breaks above and stabilizes at 260.5 (Reason: Confirmed above 1H EMA20 and the opening price on the hourly chart, indicating a return of buying interest)

- Short trigger: Price falls below 256.3 (Reason: Break below the lower boundary of the dense trading zone on the 1H chart and previous support, indicating dominance by bears)

🎯 Entry / Pending Orders:

Long entry: 260.5 - 261.5 (Reason: Enter after breakout confirmation)

Short entry: 256.0 - 255.5 (Reason: Enter when rebound weakens after breakdown)

🛑 Stop Loss:

Long stop loss: 254.9 (Reason: Break below previous low and ATR(14) lower band, invalidating bullish structure)

Short stop loss: 260.6 (Reason: Price recovers above 1H EMA20, risk of a bull trap)

🚀 Target 1:

Long target: 268.0 (Reason: Resistance at the 4H previous high and EMA50 pressure zone)

Short target: 250.0 (Reason: Support at previous swing low)

🚀 Target 2:

Long target: 273.0 (Reason: 1.618 Fibonacci extension level)

Short target: 245.0 (Reason: Strong support zone on the daily chart)

🛡️ Trading Management:

- Position size suggestion: Light position (Reason: Unclear trend, high volatility, wait for confirmation signals)

- Execution strategy: After any trigger, if the price does not continue within 15 minutes, reduce position or exit immediately. After reaching Target 1, reduce position by 50% and move stop loss to entry price.

Deep logic: The order book shows buy orders at 257.5 with over 100K pending, significantly thicker than sell orders, indicating potential support. However, open interest remains stable, and funding rates are slightly negative, reflecting cautious market sentiment and lack of strong directional momentum. The 1H RSI(43.21) is in a neutral to weak zone, suggesting some rebound potential but requiring volume support. The key is the price reaction at 260.5; holding above it could lead to testing 268, while breaking below 256.3 could trigger a new round of bottoming.

View real-time quotes 👇 $ZEC

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