$ZEC is not topping here, the crowd is just too eager to call it one.
Price is $1,538.26, up 3.57%, with $300.28M traded. The 4h move is only +2.7% and RSI sits at 53. That is momentum, not mania.
Still early.
ZEC is above its 20d and 50d averages, sitting 8% below the 30d high. Funding is positive at 0.010%, so longs are paying, but volume is only 0.8x its 20d average. This is cleaner than the usual $ETH chase. ⚡
At $1,500, I’d want to see a hold, not blindly chase $1,538.26. 🧱
Would you enter here or wait for a retest?
#ZEC #Altcoin
Price is $1,538.26, up 3.57%, with $300.28M traded. The 4h move is only +2.7% and RSI sits at 53. That is momentum, not mania.
Still early.
ZEC is above its 20d and 50d averages, sitting 8% below the 30d high. Funding is positive at 0.010%, so longs are paying, but volume is only 0.8x its 20d average. This is cleaner than the usual $ETH chase. ⚡
At $1,500, I’d want to see a hold, not blindly chase $1,538.26. 🧱
Would you enter here or wait for a retest?
#ZEC #Altcoin