$ZEC — Sell the News, or Reload Zone?
The NU7 upgrade is live on mainnet, but price did the opposite of what the hype crowd expected. ZEC tagged 1,364, got rejected, and is now back near 1,254, down about 5.5% on the day.
Over the bigger picture, ZEC is still up roughly 140% in 90 days. This is a pullback inside a strong trend, at least for now.
🟢 Bullish scenario
• 1,235–1,200 holds as support (it has been the pivot all week)
• The order book is leaning heavily to bids, so dips are being absorbed
• A reclaim of 1,280 puts 1,320 and the 1,360 highs back in play
🔴 Bearish scenario
• The rejection at 1,364 left a lower high on the 4H
• The upgrade catalyst is now priced in, with no fresh trigger in sight
• A 4H close below 1,200 opens a path toward 1,160, then the 1,120 lows from Nov 2
📍 Levels I'm watching
Support: 1,235 / 1,200 / 1,160
Resistance: 1,280 / 1,320 / 1,360
⚠️ Upgrade news often brings volatility both ways. I'm watching how price reacts at 1,200 before forming a bias.
Is this a dip to buy or the start of a deeper cooldown? 👇
NFA · DYOR
#CPITestsDecemberRateOutlook
The NU7 upgrade is live on mainnet, but price did the opposite of what the hype crowd expected. ZEC tagged 1,364, got rejected, and is now back near 1,254, down about 5.5% on the day.
Over the bigger picture, ZEC is still up roughly 140% in 90 days. This is a pullback inside a strong trend, at least for now.
🟢 Bullish scenario
• 1,235–1,200 holds as support (it has been the pivot all week)
• The order book is leaning heavily to bids, so dips are being absorbed
• A reclaim of 1,280 puts 1,320 and the 1,360 highs back in play
🔴 Bearish scenario
• The rejection at 1,364 left a lower high on the 4H
• The upgrade catalyst is now priced in, with no fresh trigger in sight
• A 4H close below 1,200 opens a path toward 1,160, then the 1,120 lows from Nov 2
📍 Levels I'm watching
Support: 1,235 / 1,200 / 1,160
Resistance: 1,280 / 1,320 / 1,360
⚠️ Upgrade news often brings volatility both ways. I'm watching how price reacts at 1,200 before forming a bias.
Is this a dip to buy or the start of a deeper cooldown? 👇
NFA · DYOR
#CPITestsDecemberRateOutlook