$ZEC just ripped 12.59% to $1,342.33, and volume is the part nobodyâs talking about. đ
$216.82M traded, only 0.8x its 20-day average. Thatâs not the fuel I want behind a 4h move this sharp.
Squeeze? Maybe.
RSI is 73, while shorts are paying funding at -0.006%. ZEC is still 21% below its 30d high, but the MAs are chopping. Even $ETH looks cleaner than this setup.
Iâm watching $1,350. Hold it and I respect the breakout. Reject it and Iâm not chasing. đ„
Is this accumulation or just a short squeeze on ZEC?
#ZEC #Crypto
$216.82M traded, only 0.8x its 20-day average. Thatâs not the fuel I want behind a 4h move this sharp.
Squeeze? Maybe.
RSI is 73, while shorts are paying funding at -0.006%. ZEC is still 21% below its 30d high, but the MAs are chopping. Even $ETH looks cleaner than this setup.
Iâm watching $1,350. Hold it and I respect the breakout. Reject it and Iâm not chasing. đ„
Is this accumulation or just a short squeeze on ZEC?
#ZEC #Crypto