$ZEC is up 10.56% to $1,265.58 in 24 hours, well ahead of the broader market’s 1.35% gain.

I’m watching anticipation around the NU7 upgrade decision, alongside a sharp shift in top traders’ positioning from heavily short to heavily long.

For me, $1,200 is the key level to hold. If ZEC stays above it, a test near $1,292 could be in play; a drop below $1,167 would weaken the setup.

With leveraged bets adding volatility, I’d keep an eye on the upgrade news and avoid assuming the rally will continue in a straight line.

#ZEC #Macro Insights# #Altcoin Season# #Zcash #Meme Alpha#