$ZEC SHORTS ARE SITTING ON -$9.44 MILLION IN UNREALIZED PNL. 💀
Look at the positioning:
🔴 Shorts: $205.57M exposure
🔴 1,029 traders
🔴 Only 9.03% profitable
🟢 Longs: $46.73M exposure
🟢 400 traders
🟢 +$4.66M unrealized PnL
🟢 92% profitable
Current price: $1,324.11
Funding: +0.0072%
But don't ignore the chart:
$1,300 is the major resistance to watch.
A strong daily close above it is needed for bullish confirmation.
Detailed breakdown coming soon. 👀
Look at the positioning:
🔴 Shorts: $205.57M exposure
🔴 1,029 traders
🔴 Only 9.03% profitable
🟢 Longs: $46.73M exposure
🟢 400 traders
🟢 +$4.66M unrealized PnL
🟢 92% profitable
Current price: $1,324.11
Funding: +0.0072%
But don't ignore the chart:
$1,300 is the major resistance to watch.
A strong daily close above it is needed for bullish confirmation.
Detailed breakdown coming soon. 👀
