【$ZEC Signal】Short squeeze continues, dip to go long

$ZEC 1H timeframe experiences a violent surge, the price has broken above the upper Bollinger Band, RSI skyrocketed to 90.24, indicating initial signs of a buy-side order gap. The 4H timeframe also broke above the upper band, MACD histogram continues to expand, but open interest remains stable. In a negative funding rate environment, the bearish side faces ongoing pressure to add to their positions.

🎯Direction: Long (buy on dip)

⚡Entry/Order: Layered entries between 273.68 and 280.73

🛑Stop Loss: 267.11

🚀Target 1: 335.21

🚀Target 2: 362.46

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to breakeven. If the price falls back into the entry zone, automatically exit to protect capital.

Order book depth shows heavy orders below 320.7, indicating clear support from funds. The negative funding rate combined with firm prices suggests a classic short squeeze pattern is still unfolding. The 1H volume has decreased after the surge, indicating healthy turnover. Waiting for the price to retest the resonance support zone formed by the 4H EMA20 (266.3) and 1H EMA50 (267.11) offers a better risk-reward entry point. Currently, chasing higher presents an unbalanced risk-reward ratio; patience is advised until the market provides a more favorable price.

View real-time market 👇 $ZEC
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