$ZEC is back above $800, but the rally isn’t risk-free. 👀

$ZEC pushed as high as $858, with Grayscale’s ETF push adding fuel to the move.

The key level now is $761 support. If it holds, bulls could challenge $820–$840, with $858 still the major resistance.

One thing to watch: derivatives activity is extremely high, so volatility can cut both ways.