While Bitcoin printed a $76,500 low overnight, $ZEC refused to follow it down — and that refusal now has a date attached.
On October 29, ZEC ran to $1,398, then one candle dumped to $1,207 and closed at $1,223, on nearly three times average volume. The next dipped to $1,180, then closed at $1,280, on about twice average volume. Sellers had the tape for one candle; buyers took it back in the next. One defended low, not a trend change — the rebound already faded to $1,251.
The fork is clean. Hold $1,180 and the NU7 clock does the talking: activation around November 5 at block 3,543,405, cutting block times from 75 to 25 seconds. Lose $1,180 and the dip-buy read dies.
The counterweight: the rebound stalled at $1,290, and a rally into an upgrade is exactly the kind of story that gets sold into.
A 4-hour close under $1,180 and I drop the dip-buy read entirely.
Does $1,180 hold into the weekend, or does the rebound fade under $1,290?
Not financial advice. DYOR.
$ZEC #Zcash #Altcoins #NU7
On October 29, ZEC ran to $1,398, then one candle dumped to $1,207 and closed at $1,223, on nearly three times average volume. The next dipped to $1,180, then closed at $1,280, on about twice average volume. Sellers had the tape for one candle; buyers took it back in the next. One defended low, not a trend change — the rebound already faded to $1,251.
The fork is clean. Hold $1,180 and the NU7 clock does the talking: activation around November 5 at block 3,543,405, cutting block times from 75 to 25 seconds. Lose $1,180 and the dip-buy read dies.
The counterweight: the rebound stalled at $1,290, and a rally into an upgrade is exactly the kind of story that gets sold into.
A 4-hour close under $1,180 and I drop the dip-buy read entirely.
Does $1,180 hold into the weekend, or does the rebound fade under $1,290?
Not financial advice. DYOR.
$ZEC #Zcash #Altcoins #NU7
