I almost want to buy $ZEC here.
And that's exactly why I'm not.
ZEC went from around $800 to above $1,200 ridiculously fast.
Now it's pulling back, and everyone is trying to figure out whether this is just a healthy reset or the beginning of something bigger.
For me, the interesting part isn't predicting the top.
It's watching what happens around $1,000.
If buyers defend that level after such a huge move, I'd take the rally much more seriously.
If $1,000 breaks, I wouldn't be surprised to see a much deeper reset.
I'm watching this one closely.
$ZEC
And that's exactly why I'm not.
ZEC went from around $800 to above $1,200 ridiculously fast.
Now it's pulling back, and everyone is trying to figure out whether this is just a healthy reset or the beginning of something bigger.
For me, the interesting part isn't predicting the top.
It's watching what happens around $1,000.
If buyers defend that level after such a huge move, I'd take the rally much more seriously.
If $1,000 breaks, I wouldn't be surprised to see a much deeper reset.
I'm watching this one closely.
$ZEC
