🚀 ZEC up +7.5% on $409M volume — the privacy coin sector is waking up.
At $1,165, Zcash is trading well above its 7-day SMA ($1,136) and the daily SMA25 ($917). The daily RSI at 66.7 is bullish but not screaming overbought. MACD histogram on the daily is +28.4 and expanding — that's fresh momentum.
What caught my eye: the long/short ratio is only 0.42. That means shorts are crowded. If price pushes through $1,191 (recent high), those shorts get squeezed hard.
📊 Trade Plan (LONG):
• Entry: $1,140 – $1,191
• Stop Loss: $1,063 (below the 4H support zone — gives the trade room to breathe)
• TP1: $1,212 | TP2: $1,259 | TP3: $1,305
• Confidence: 65% — volatile but the setup is clean
The SMA99 on the daily sits at $587. This coin has doubled from its structural floor. Privacy narratives tend to run hard when they start.
🤔 Think ZEC continues to $1,300+, or is this a pump-and-dump on the privacy narrative?
#ZEC #Privacy #DYOR
⚠️ Disclaimer: Personal analysis only, not financial advice. Always manage your position size and risk.
At $1,165, Zcash is trading well above its 7-day SMA ($1,136) and the daily SMA25 ($917). The daily RSI at 66.7 is bullish but not screaming overbought. MACD histogram on the daily is +28.4 and expanding — that's fresh momentum.
What caught my eye: the long/short ratio is only 0.42. That means shorts are crowded. If price pushes through $1,191 (recent high), those shorts get squeezed hard.
📊 Trade Plan (LONG):
• Entry: $1,140 – $1,191
• Stop Loss: $1,063 (below the 4H support zone — gives the trade room to breathe)
• TP1: $1,212 | TP2: $1,259 | TP3: $1,305
• Confidence: 65% — volatile but the setup is clean
The SMA99 on the daily sits at $587. This coin has doubled from its structural floor. Privacy narratives tend to run hard when they start.
🤔 Think ZEC continues to $1,300+, or is this a pump-and-dump on the privacy narrative?
#ZEC #Privacy #DYOR
⚠️ Disclaimer: Personal analysis only, not financial advice. Always manage your position size and risk.