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$ZEC Signal】Short squeeze continues, buy on 1H pullback
$ZEC The 1H timeframe is consolidating at a high level after a strong rally, with the price trading firmly above the EMA20 (298.3). A single bullish candle on the 4H chart breaks through the long-term downtrend, confirming a reversal. The current negative funding rate (-0.0154%) combined with firm prices indicates a classic short squeeze structure; a pullback is an opportunity.
🎯Direction: Long (Long)
🎯Entry/Order: 321.0 - 319.0 (Reason: Support at 1H EMA20 pullback area and previous hour’s low)
🛑Stop Loss: 314.0 (Reason: Break below