$ZEC fell below $1,000… and $SUI is trying to get back up in a merciless market.
ZEC$ lost 13.5% in a single day, despite Grayscale pledging $1 million to support its ecosystem.
The reason? $35 million in long positions were liquidated, while outflows from fund #ZCSH continue.
Now $1,000 is no longer support… it has become the first resistance level.
Meanwhile, SUI is hovering near $0.82 and needs to reclaim $0.8528 to begin a genuine recovery attempt.
SUI has a stronger story: a network test recorded 40.6 million transactions per second, and it has attracted institutional interest through Neuberger Berman and Securitize.
But good news won’t lift prices in a market that’s selling everything.
ZEC: Watch $962; below that, $950 and then $900 become test zones.
SUI: Watch $0.8528; above it, $1.26 and $1.42, and below it, $0.75 and then $0.669.
💬 Did ZEC create an opportunity after the drop… or is SUI closer to a rebound? Write your pick. And why?
#zec #sui
ZEC$ lost 13.5% in a single day, despite Grayscale pledging $1 million to support its ecosystem.
The reason? $35 million in long positions were liquidated, while outflows from fund #ZCSH continue.
Now $1,000 is no longer support… it has become the first resistance level.
Meanwhile, SUI is hovering near $0.82 and needs to reclaim $0.8528 to begin a genuine recovery attempt.
SUI has a stronger story: a network test recorded 40.6 million transactions per second, and it has attracted institutional interest through Neuberger Berman and Securitize.
But good news won’t lift prices in a market that’s selling everything.
ZEC: Watch $962; below that, $950 and then $900 become test zones.
SUI: Watch $0.8528; above it, $1.26 and $1.42, and below it, $0.75 and then $0.669.
💬 Did ZEC create an opportunity after the drop… or is SUI closer to a rebound? Write your pick. And why?
#zec #sui