🚨 ZEC JUST HAD A MAJOR SHAKEOUT
$ZEC
Zcash has been one of the strongest privacy-coin stories this month but September 29 brought a sharp pullback.
ZEC fell nearly 9% while more than **$28.7M in leveraged positions were liquidated** over a 12-hour period.
The bigger narrative remains:
$ZEC
🏦 Grayscale's Zcash ETF is already trading in the U.S., while ZEC has gained significant institutional attention.
📊 Key levels:
• Support: $1,400–$1,450
• Resistance: $1,500–$1,600
• Breakout zone: Above $1,600
• Watch: ETF flows + liquidation activity
After such a powerful rally, today's volatility shows why leverage is becoming an important factor.
Can ZEC reclaim $1,600 after the shakeout?
#ZEC #Zcash #Crypto #BinanceSquare
$ZEC
Zcash has been one of the strongest privacy-coin stories this month but September 29 brought a sharp pullback.
ZEC fell nearly 9% while more than **$28.7M in leveraged positions were liquidated** over a 12-hour period.
The bigger narrative remains:
$ZEC
🏦 Grayscale's Zcash ETF is already trading in the U.S., while ZEC has gained significant institutional attention.
📊 Key levels:
• Support: $1,400–$1,450
• Resistance: $1,500–$1,600
• Breakout zone: Above $1,600
• Watch: ETF flows + liquidation activity
After such a powerful rally, today's volatility shows why leverage is becoming an important factor.
Can ZEC reclaim $1,600 after the shakeout?
#ZEC #Zcash #Crypto #BinanceSquare
