Quick take on ZEC: good move, but risk comes first.
1,015.02 · 7.03% 24h · Vol 318M USDT.
ZEC was pulled onto the scanner’s radar because of unusual volume/movement, not as a buy call.
I don’t want to read one candle as the whole story. I’m not assigning the narrative too early; for now I’m only watching volume, price zone, and the reaction after the move. +7.03% shows money is flowing in. I want to see how price handles the 1,050.7 area: a clean break through is different from a touch followed by a selloff.
If I’m watching it, I’d wait for a reaction around 948.19 or a cleaner reclaim of 1,050.7.
Bullish or waiting?
#ZEC #RiskManagement #Trading
1,015.02 · 7.03% 24h · Vol 318M USDT.
ZEC was pulled onto the scanner’s radar because of unusual volume/movement, not as a buy call.
I don’t want to read one candle as the whole story. I’m not assigning the narrative too early; for now I’m only watching volume, price zone, and the reaction after the move. +7.03% shows money is flowing in. I want to see how price handles the 1,050.7 area: a clean break through is different from a touch followed by a selloff.
If I’m watching it, I’d wait for a reaction around 948.19 or a cleaner reclaim of 1,050.7.
Bullish or waiting?
#ZEC #RiskManagement #Trading