$ZEC is moving today because the NU7 upgrade is just about here, and that's cutting block times from 75 seconds down to 25 seconds. That's a 3x boost. ZEC jumped 11.7% in the last 24 hours and is trading around $1,320 right now.
I'm leaning bullish here. The upgrade is a real catalyst, and I see short squeezes adding fuel. But I know the "sell the news" risk is real once it goes live.
Two levels I'm watching: support around $1,250 and resistance at $1,350. If price holds above $1,250, I think it can test $1,350 again, especially with the upgrade going live around November 5. If it loses $1,250, that would prove me wrong and I'd step back.
What's your take on ZEC going into the upgrade? 🤔 #Zcash #NU7
The pump is easy to see. The reason and the next move are not. Follow for both.
I'm leaning bullish here. The upgrade is a real catalyst, and I see short squeezes adding fuel. But I know the "sell the news" risk is real once it goes live.
Two levels I'm watching: support around $1,250 and resistance at $1,350. If price holds above $1,250, I think it can test $1,350 again, especially with the upgrade going live around November 5. If it loses $1,250, that would prove me wrong and I'd step back.
What's your take on ZEC going into the upgrade? 🤔 #Zcash #NU7
The pump is easy to see. The reason and the next move are not. Follow for both.
