Zcash perps are -13.25% and the replies are already calling it a discount.
Zcash perp at $1,069, -13.25%, 2755M volume, open interest 528K contracts.
Resistance $1,203 then $1,252
Support $1,055 then $1,011, deeper $996.65
7d range $996.65 to $1,298, 20D avg $949.13, price above
Funding 0.0100%, basically neutral. Neither side is desperate here.
$1,203 is roughly where it stalled last time. That's a past reaction, not a forecast. Plenty of charts have broken every level that used to matter.
Now the part nobody says out loud. This already moved -13.25%. If you fomo into leverage off a post like this and it turns, that's your position, your size, your liquidation. I'm drawing a map, I'm not driving your car.
Where's your invalidation?
Follow me if you want more of these as they come.
Levels off a public chart, shared as a personal view. Not a recommendation, not a signal, not an offer to trade. Do your own research. Anyone acting on this carries their own risk entirely.
#ZEC #Futures
Zcash perp at $1,069, -13.25%, 2755M volume, open interest 528K contracts.
Resistance $1,203 then $1,252
Support $1,055 then $1,011, deeper $996.65
7d range $996.65 to $1,298, 20D avg $949.13, price above
Funding 0.0100%, basically neutral. Neither side is desperate here.
$1,203 is roughly where it stalled last time. That's a past reaction, not a forecast. Plenty of charts have broken every level that used to matter.
Now the part nobody says out loud. This already moved -13.25%. If you fomo into leverage off a post like this and it turns, that's your position, your size, your liquidation. I'm drawing a map, I'm not driving your car.
Where's your invalidation?
Follow me if you want more of these as they come.
Levels off a public chart, shared as a personal view. Not a recommendation, not a signal, not an offer to trade. Do your own research. Anyone acting on this carries their own risk entirely.
#ZEC #Futures