🚨 ARE ZEC SHORTS WALKING INTO A TRAP? 👀
I went through the futures data and this setup is getting really interesting.
$ZEC is around $1,355, up nearly 19%, after touching $1,396. The trend is still strongly bullish, and volume exploded during the move.
But the futures data is where things get spicy. 👀
Open Interest climbed from around 467K → 574K ZEC, while the long/short accounts are heavily tilted toward shorts. Funding is also negative at -0.02714%.
At the same time, taker buying has stayed strong, and the liquidation map shows heavy liquidity around $1,390–$1,400 and above.
So shorts keep stacking while $ZEC keeps pushing higher. That can get very uncomfortable if price breaks into those liquidity levels.
$1,400 is looking like the real battlefield now. 👀🔥
ALWAYS DYOR #ZcashRises6% #XRPSinks10% #CircleOpensArcMainnet $BR $BULLA 🚀🚀🚀
I went through the futures data and this setup is getting really interesting.
$ZEC is around $1,355, up nearly 19%, after touching $1,396. The trend is still strongly bullish, and volume exploded during the move.
But the futures data is where things get spicy. 👀
Open Interest climbed from around 467K → 574K ZEC, while the long/short accounts are heavily tilted toward shorts. Funding is also negative at -0.02714%.
At the same time, taker buying has stayed strong, and the liquidation map shows heavy liquidity around $1,390–$1,400 and above.
So shorts keep stacking while $ZEC keeps pushing higher. That can get very uncomfortable if price breaks into those liquidity levels.
$1,400 is looking like the real battlefield now. 👀🔥
ALWAYS DYOR #ZcashRises6% #XRPSinks10% #CircleOpensArcMainnet $BR $BULLA 🚀🚀🚀
