$1,000 rejected again — $ZEC poked to $1,007 this morning and got sold straight back to $986.
I flagged $1,000 as the wall in my last ZEC post, and the market just confirmed it: Nov 11 closed at $964 after printing a $951 low. That's -18.7% in four days from the $1,213 close on Nov 8.
The privacy money isn't leaving though — it's rotating. $NIGHT is +6.9% today at $0.0459 while ZEC bleeds -4.2% on $206M of Binance spot volume (04:03 UTC).
I'm leaning bearish while $1,000 caps it. A daily close back above $1,000 proves me wrong; a close under $951.21 breaks the last ledge.
Buy the $951 dip, or wait for the $1,000 reclaim? $ZEC $951.21 is the line.
Not financial advice. DYOR.
#ZEC #PrivacyCoins #CryptoMarkets
I flagged $1,000 as the wall in my last ZEC post, and the market just confirmed it: Nov 11 closed at $964 after printing a $951 low. That's -18.7% in four days from the $1,213 close on Nov 8.
The privacy money isn't leaving though — it's rotating. $NIGHT is +6.9% today at $0.0459 while ZEC bleeds -4.2% on $206M of Binance spot volume (04:03 UTC).
I'm leaning bearish while $1,000 caps it. A daily close back above $1,000 proves me wrong; a close under $951.21 breaks the last ledge.
Buy the $951 dip, or wait for the $1,000 reclaim? $ZEC $951.21 is the line.
Not financial advice. DYOR.
#ZEC #PrivacyCoins #CryptoMarkets