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Happy_shanky
$ZEC is really putting the bears through the test! 😮💨
That $1,200 short is still stuck as ZEC rallied all the way toward $1,600. Now price is consolidating at elevated levels, neither breaking down nor pushing decisively higher, slowly wearing down bearish conviction.
Bulls are comfortably sitting on gains, while shorts are waiting for a meaningful pullback to finally get some relief.
The takeaway: don’t keep adding to a losing short just to lower your average entry.
#DailyOrbit
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