$ZEC is stuck in the middle of its range, and that’s what makes it interesting.
NU7 (25-second blocks) is due around Nov 5, and traders can’t agree if it’s a catalyst or a sell-the-news. The chart is just as undecided: lower highs since 1,268, thin volume, and open interest cooled to ~438K ZEC from 520K+ on Oct 9.
What I’m watching (not advice):
• 15m close above 1,268 on real volume → 1,296, then 1,340–1,360
• Hold of 1,205–1,215 and a reclaim of 1,220 → bounce setup, invalid below 1,200
• In between, there’s no edge
Risk: the hype fades before the upgrade and 1,115 gets tested.
Buy the rumor or sell the news?
$ZEC #DYOR
NU7 (25-second blocks) is due around Nov 5, and traders can’t agree if it’s a catalyst or a sell-the-news. The chart is just as undecided: lower highs since 1,268, thin volume, and open interest cooled to ~438K ZEC from 520K+ on Oct 9.
What I’m watching (not advice):
• 15m close above 1,268 on real volume → 1,296, then 1,340–1,360
• Hold of 1,205–1,215 and a reclaim of 1,220 → bounce setup, invalid below 1,200
• In between, there’s no edge
Risk: the hype fades before the upgrade and 1,115 gets tested.
Buy the rumor or sell the news?
$ZEC #DYOR
