$ZEC / Zcash

Plenty of longs have stacked aggressively over the past 24 hours. Many seeing the flush as a dip-buying opportunity.

Shorts are building too, but the positioning is way less crowded on the map.

Everything hinges on $450. If it’s not reclaimed, those longs turn into liquidation fuel for continuation lower.

That’s the trap with leverage trading. Supporting price while it bleeds only makes the next leg down heavier if the support snaps again

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