Quick take on ZEC: a good move, but risk comes first.
1,343.83 · 8.31% 24h · Vol 253M USDT.
ZEC was put on the scanner’s radar because of unusual volume and price action—not as a buy call.
I don’t want to read one candle as the whole story. I’m not jumping to conclusions; for now, I’m just watching volume, price levels, and the reaction after the move. +8.31% shows money flowing in. I want to see how price handles the 1,368.4 level: a clean break through is different from a touch followed by a sell-off.
If you’re watching, I’d wait for a reaction around 1,240 or a cleaner reclaim of 1,368.4.
Bullish or waiting?
#ZEC #RiskManagement #Trading
1,343.83 · 8.31% 24h · Vol 253M USDT.
ZEC was put on the scanner’s radar because of unusual volume and price action—not as a buy call.
I don’t want to read one candle as the whole story. I’m not jumping to conclusions; for now, I’m just watching volume, price levels, and the reaction after the move. +8.31% shows money flowing in. I want to see how price handles the 1,368.4 level: a clean break through is different from a touch followed by a sell-off.
If you’re watching, I’d wait for a reaction around 1,240 or a cleaner reclaim of 1,368.4.
Bullish or waiting?
#ZEC #RiskManagement #Trading