$ZEC Dipped 7% Today - Why I'm Still Holding My $30 Position
$ZEC Update - September 21:
Price: $1,442 (-7% in 24h)
Trend: Still #1 in ETF inflows this week, beating $BTC ETFs
My Position:
Entry: $1,578
Current: $1,442
Unrealized PnL: -$2.5 on $30 investment
Strategy: Spot only, no leverage = no liquidation risk
Why I'm Not Selling:
1. ETF Leadership: $ZEC is attracting more institutional capital than any other crypto ETF product this week. That is strong demand.
2. Key Levels: Immediate support at $1,430. If it holds, next resistance is $1,589 then $1,690. Immediate resistance was tested at $1,589 yesterday.
3. Fundamentals: Privacy narrative is back and RSI cooled from 73 to 62, which is healthy for continuation.
My Plan:
- Hold current $30 bag
- If it dips to $1,400, I will add $20 more spot
- Take 50% profit at $1,700
- Take 50% profit at $1,750
This is not financial advice. Just sharing my spot journey.
What would you do? Buy the dip or wait for $1,257 support?
$ZEC Update - September 21:
Price: $1,442 (-7% in 24h)
Trend: Still #1 in ETF inflows this week, beating $BTC ETFs
My Position:
Entry: $1,578
Current: $1,442
Unrealized PnL: -$2.5 on $30 investment
Strategy: Spot only, no leverage = no liquidation risk
Why I'm Not Selling:
1. ETF Leadership: $ZEC is attracting more institutional capital than any other crypto ETF product this week. That is strong demand.
2. Key Levels: Immediate support at $1,430. If it holds, next resistance is $1,589 then $1,690. Immediate resistance was tested at $1,589 yesterday.
3. Fundamentals: Privacy narrative is back and RSI cooled from 73 to 62, which is healthy for continuation.
My Plan:
- Hold current $30 bag
- If it dips to $1,400, I will add $20 more spot
- Take 50% profit at $1,700
- Take 50% profit at $1,750
This is not financial advice. Just sharing my spot journey.
What would you do? Buy the dip or wait for $1,257 support?
