🟡 $ZEC
/USDT (10x)
Zcash is the standout today +6.89%, ripping to $1,019.56. This is the kind of candle that makes the whole timeline stop scrolling.
Market Overview: 317.78M volume strong conviction behind this move, not a low-liquidity spike. Privacy-coin narrative may be catching a bid.
Key Levels:
Support: ~$950
Resistance: ~$1,080
Pro Tip: After a big green candle, resist FOMO-entering at the top. Let it retest support once chasing green candles on 10x is how accounts get wrecked.
Short-Term View: Strong momentum, but watch for a pullback/retest before continuation.
Long-Term View: Privacy coins are cyclical great trending moves, but position size for volatility, not comfort.
Trade Targets (momentum continuation):
$1,080
$1,150
$1,250
#ZECHitsANewAllTimeHigh #USAugustAvgHourlyEarningsRise3.1% #USAugustJobGrowthNearlyTriplesForecast #BitcoinEthereumHitMultiMonthHighs #USWeeklyInitialJoblessClaimsRiseTo206000