$ZEC $1,920 Is the Next Fibonacci Target
#ZEC has cleared the 1.618 Fibonacci extension and is now pushing toward the 2.618 level around $1,920.
Momentum remains strong, and as long as the current structure holds, that Fibonacci extension becomes the next major level I’m watching.
I wouldn’t be surprised to see some chop or a short-term pause around $1,920 after such an extended move. The reaction there should tell us whether ZEC is ready for another leg higher or needs to consolidate first.
For now, $1,920 is the level on my radar.
#ZEC has cleared the 1.618 Fibonacci extension and is now pushing toward the 2.618 level around $1,920.
Momentum remains strong, and as long as the current structure holds, that Fibonacci extension becomes the next major level I’m watching.
I wouldn’t be surprised to see some chop or a short-term pause around $1,920 after such an extended move. The reaction there should tell us whether ZEC is ready for another leg higher or needs to consolidate first.
For now, $1,920 is the level on my radar.
