$ZEC
is finally seeing a serious reset after its huge September run.
Price has dropped toward $1,370–$1,390, with leveraged longs getting flushed after ZEC nearly doubled during the month.
Key levels I’m watching:
→ $1,350–$1,375 — immediate support
→ $1,295–$1,300 — next support
→ $1,200 — major downside level
→ $1,445–$1,490 — first reclaim zone
→ $1,520+ — momentum starts looking stronger again
The interesting part is that this correction comes after a massive run, while institutional exposure continues growing. Grayscale’s Zcash ETF has attracted more than $233M in cumulative inflows since its August launch.
For me, $1,350–$1,375 is the key zone now.
Hold it + reclaim $1,490 → buyers may start taking control again.
Lose it cleanly → $1,300 and potentially $1,200 come into focus.
After a move this aggressive, I wouldn’t chase either direction. Let the market show whether this is a healthy reset or the start of a deeper correction.
#zec #Zcas #Crypto
is finally seeing a serious reset after its huge September run.
Price has dropped toward $1,370–$1,390, with leveraged longs getting flushed after ZEC nearly doubled during the month.
Key levels I’m watching:
→ $1,350–$1,375 — immediate support
→ $1,295–$1,300 — next support
→ $1,200 — major downside level
→ $1,445–$1,490 — first reclaim zone
→ $1,520+ — momentum starts looking stronger again
The interesting part is that this correction comes after a massive run, while institutional exposure continues growing. Grayscale’s Zcash ETF has attracted more than $233M in cumulative inflows since its August launch.
For me, $1,350–$1,375 is the key zone now.
Hold it + reclaim $1,490 → buyers may start taking control again.
Lose it cleanly → $1,300 and potentially $1,200 come into focus.
After a move this aggressive, I wouldn’t chase either direction. Let the market show whether this is a healthy reset or the start of a deeper correction.
#zec #Zcas #Crypto