$ZEC
Current price: $809.27, up 34.28% in the past 24 hours.
On the plaza, the target has already been shouted up from 900 to 1000.
This move isn’t just about sentiment. SEC filings show that the Zcash trust is expected to be upgraded to an ETF and listed on the NYSE Arca around August 25, though it still requires regulatory approval. Even more exciting: currently, about 62.74% of accounts are shorting. As long as the price holds up, these short sellers are fuel for the next leg higher.
Hold 780—800, and I’ll keep looking at 860. If it breaks above 860.28, the next stop is 900. If it falls below 735, the long thesis is invalid.
Are you planning to wait for a pullback,
or are you betting along with the 60% who are short that it won’t be able to move higher?
Current price: $809.27, up 34.28% in the past 24 hours.
On the plaza, the target has already been shouted up from 900 to 1000.
This move isn’t just about sentiment. SEC filings show that the Zcash trust is expected to be upgraded to an ETF and listed on the NYSE Arca around August 25, though it still requires regulatory approval. Even more exciting: currently, about 62.74% of accounts are shorting. As long as the price holds up, these short sellers are fuel for the next leg higher.
Hold 780—800, and I’ll keep looking at 860. If it breaks above 860.28, the next stop is 900. If it falls below 735, the long thesis is invalid.
Are you planning to wait for a pullback,
or are you betting along with the 60% who are short that it won’t be able to move higher?