Recently, ZEC has been rallying strongly, and this rebound really seems to have some momentum. To be honest, the 450-470 level may not hold, but let's not get impulsive.

Let's do a quick review—previously, we advised taking profits at 410, but it ended up stopping right at the bottom (that's just market behavior). I also warned against chasing shorts and suggested waiting for a rebound before acting. Now that the rebound is in place, the opportunity has arrived, but this is when the most mental testing occurs.

Our approach is as follows:

**Short position plan** is to enter in batches with 1x leverage, with moderate confidence. The first entry point is around 450-470, the second near 550, with only 10% of the position each time. This method helps to average costs and reduce single-trade risk.

Profit-taking is divided into two stages—if aiming for stability, take the first profit around 410; for a more aggressive approach, wait until 340. If short positions are also opened at 550, then adjust profit targets to 480 and 430. As for stop-loss, with 1x leverage, there's no liquidation risk; if caught, just hold on, as the price will eventually come down.

This move is essentially a **dead cat bounce**. A practical tip: avoid placing orders at round numbers, as fill rates tend to be poor. Instead, place orders slightly below resistance levels or slightly above support levels for smoother execution. Recently, fake breakouts and fake breakdowns have been very frequent, so we set stop-losses a bit higher, sacrificing some profit/loss ratio to increase win rate—this is the key to stable profits.

Wishing everyone smooth trading.