When did ZEC stop being the skeptics’ trade? 🤔
+13.0% on the day with $1973M. Every dip is being bought at $1,251–$1,262: the zone has produced 11 bounces, and price keeps building higher. When the market stops rewarding skepticism, the narrative is changing.
$1,296 above could be where the last skeptics throw in the towel. Their stops would be around there, and price often goes looking for them.
A move back below $1,244 would hand the mic back to the bears. Until then, doubt comes at a high price.
Still skeptical about ZEC, or have you switched sides? $ZEC
#Volatility #Scalping #RiskManagement
+13.0% on the day with $1973M. Every dip is being bought at $1,251–$1,262: the zone has produced 11 bounces, and price keeps building higher. When the market stops rewarding skepticism, the narrative is changing.
$1,296 above could be where the last skeptics throw in the towel. Their stops would be around there, and price often goes looking for them.
A move back below $1,244 would hand the mic back to the bears. Until then, doubt comes at a high price.
Still skeptical about ZEC, or have you switched sides? $ZEC
#Volatility #Scalping #RiskManagement