🔒 Privacy coins might be THE narrative of this cycle — and ZEC just proved it with a 25% surge from $622 to $860 on $3.38B in volume. This isn't a one-day pump.
Now pulling back to $779 — that's a healthy -9.4% consolidation, not a reversal. The ETF speculation around privacy coins is real, and ZEC is the most established player.
Daily RSI at 81.4 is elevated, but strong trends can stay overbought for weeks. The $750 support level is the line in the sand.
📋 Trade Plan:
• Entry: $750 - $790 (buy dips near support)
• SL: $690 (below structure)
• TP1: $860 (retest high) | TP2: $950
• R:R = 1.1
🤔 Is privacy the next meta narrative or just a one-week wonder? 👇
#ZEC #Privacy #DYOR
📢 Disclaimer: Not financial advice. Always manage risk and do your own research.
Now pulling back to $779 — that's a healthy -9.4% consolidation, not a reversal. The ETF speculation around privacy coins is real, and ZEC is the most established player.
Daily RSI at 81.4 is elevated, but strong trends can stay overbought for weeks. The $750 support level is the line in the sand.
📋 Trade Plan:
• Entry: $750 - $790 (buy dips near support)
• SL: $690 (below structure)
• TP1: $860 (retest high) | TP2: $950
• R:R = 1.1
🤔 Is privacy the next meta narrative or just a one-week wonder? 👇
#ZEC #Privacy #DYOR
📢 Disclaimer: Not financial advice. Always manage risk and do your own research.