ZEC wiped out double digits in one day, then took most of it back the next. And NU7 goes live in less than 2 days. 👀
I'm not buying here. Let me explain.
ZEC has been stuck in the same range for over a month, roughly 1,120 to 1,370. Right now it's sitting in the middle of it, which is the worst place to enter. And the upgrade lands in the early hours of Nov 6. When the testnet went live in early October, ZEC fell around 18% in four days.
So I'm waiting for price to come to me. These are the zones on my daily chart:
Demand: 1,160–1,205, then 1,100–1,135
Supply: 1,320–1,370, and the big one way up at 1,580–1,700
My plan is simple. If it dips into demand and holds, I'd look at a small buy with a stop under 1,100. If the daily closes above 1,370, I'll rethink. Anything in between, I do nothing, and honestly that's fine.
Big moves like this punish people who chase. 🧠
What do you think? Is NU7 already priced in, or are we getting a sell the news?
Not financial advice. DYOR.
$ZEC
I'm not buying here. Let me explain.
ZEC has been stuck in the same range for over a month, roughly 1,120 to 1,370. Right now it's sitting in the middle of it, which is the worst place to enter. And the upgrade lands in the early hours of Nov 6. When the testnet went live in early October, ZEC fell around 18% in four days.
So I'm waiting for price to come to me. These are the zones on my daily chart:
Demand: 1,160–1,205, then 1,100–1,135
Supply: 1,320–1,370, and the big one way up at 1,580–1,700
My plan is simple. If it dips into demand and holds, I'd look at a small buy with a stop under 1,100. If the daily closes above 1,370, I'll rethink. Anything in between, I do nothing, and honestly that's fine.
Big moves like this punish people who chase. 🧠
What do you think? Is NU7 already priced in, or are we getting a sell the news?
Not financial advice. DYOR.
$ZEC
