ZEC is down — but down is not the same as cheap.
1,027.94 · -12.41% 24h · Vol 250M USDT.
ZEC was flagged by the scanner because of unusual volume and price movement, not as a call to buy.
I’m not jumping to a story too soon; for now, I’m just watching volume, price levels, and the reaction after the move. Down -12.41% — selling pressure is clearly in control. Bottom fishing only makes sense when selling pressure dries up and volume contracts around 994.22; until I see that, waiting is safer.
The best time to catch a bottom is when selling pressure dries up, not when the chart looks “cheap.” I’m waiting for a clear reaction at 994.22 before considering an entry.
Buying the dip or waiting it out?
#ZEC #RiskManagement #Crypto
1,027.94 · -12.41% 24h · Vol 250M USDT.
ZEC was flagged by the scanner because of unusual volume and price movement, not as a call to buy.
I’m not jumping to a story too soon; for now, I’m just watching volume, price levels, and the reaction after the move. Down -12.41% — selling pressure is clearly in control. Bottom fishing only makes sense when selling pressure dries up and volume contracts around 994.22; until I see that, waiting is safer.
The best time to catch a bottom is when selling pressure dries up, not when the chart looks “cheap.” I’m waiting for a clear reaction at 994.22 before considering an entry.
Buying the dip or waiting it out?
#ZEC #RiskManagement #Crypto