Damn, $ZEC why did you suddenly “wake up” or what—why is the volume so loud, guys? Looking at the Top 10 Binance board really makes you jump; carrying along more than $63 million can’t just be “a casual stroll.” 😂
Checking the 4H chart, the price is hovering around $508—kind of “stuck” slightly below the MA7 ($512), but thankfully it’s still holding above MA25 and MA99 around $496. RSI at 60 is just right—nice, not too hot to get crushed, but with enough strength to push. Looking at the weekly timeframe, RSI is 55; the path is still recovering. The distant target is the $690 resistance zone, but first things first—you have to get past this short-term “roadblock.” 👀
Honestly, going Short here is easy to “get wiped out,” because the volume is strongly supporting the bulls. I’m choosing the Long side, but I won’t chase it in. I’ll wait for a gentle pullback back toward the $496 area, or wait for a clear breakout above $513 before buying for sure. Otherwise, jumping in halfway makes it easy to become “liquidity” for the whales. 🤡💸.
So, guys—are you holding $ZEC or just watching for fun? Or did you just Long and now it’s correcting? 🍻
$ZEC #Write2Earn #BinanceSquare
(DYOR & NFA)
Checking the 4H chart, the price is hovering around $508—kind of “stuck” slightly below the MA7 ($512), but thankfully it’s still holding above MA25 and MA99 around $496. RSI at 60 is just right—nice, not too hot to get crushed, but with enough strength to push. Looking at the weekly timeframe, RSI is 55; the path is still recovering. The distant target is the $690 resistance zone, but first things first—you have to get past this short-term “roadblock.” 👀
Honestly, going Short here is easy to “get wiped out,” because the volume is strongly supporting the bulls. I’m choosing the Long side, but I won’t chase it in. I’ll wait for a gentle pullback back toward the $496 area, or wait for a clear breakout above $513 before buying for sure. Otherwise, jumping in halfway makes it easy to become “liquidity” for the whales. 🤡💸.
So, guys—are you holding $ZEC or just watching for fun? Or did you just Long and now it’s correcting? 🍻
$ZEC #Write2Earn #BinanceSquare
(DYOR & NFA)