$ZEC is up 13%… but shorts are still dominating. 👀
ZEC: ~$1,427
24H: +13.3%
Perp OI: ~$768M
Funding: -0.044%
Top traders: 0.75 long/short
Price ↑↑
Funding ↓
Top traders still short-heavy.
That’s interesting.
My read: cautiously bullish / squeeze potential.
If ZEC keeps holding above $1,400, shorts could become fuel for another leg higher.
Lose $1,400 → I’d rethink it.
Short squeeze loading… or fake breakout?