$ZEC Buy-side bias (x10)
Hello everyone, $ZEC funding shows that long position holders are paying to stay in their positions.
Part of this idea is already playing out today. The price here is not what it used to be, so I’m adjusting the position size accordingly.
Setup:
Entry: 1354.3–1360.54
Target 1: 1392
Target 2: 1419
Target 3: 1446
Stop loss: 1323.66
Positive funding at 0.01% means holding a long position costs money, while buyers are close to breakeven at 51%. The price is at 1354.3, and a drop below that would weaken the thesis.
⚠️ This is a personal view of the market, not investment advice. Do your own research.
Hello everyone, $ZEC funding shows that long position holders are paying to stay in their positions.
Part of this idea is already playing out today. The price here is not what it used to be, so I’m adjusting the position size accordingly.
Setup:
Entry: 1354.3–1360.54
Target 1: 1392
Target 2: 1419
Target 3: 1446
Stop loss: 1323.66
Positive funding at 0.01% means holding a long position costs money, while buyers are close to breakeven at 51%. The price is at 1354.3, and a drop below that would weaken the thesis.
⚠️ This is a personal view of the market, not investment advice. Do your own research.
