$ZEC is becoming impossible to ignore.
Zcash is up more than 17% today, while trading activity remains elevated. But there’s an interesting twist: a large trader reportedly added 5,000 $ZEC to an existing short position as the price rallied.
That creates a very interesting battle between momentum buyers and short sellers.
If buyers keep the volume strong, the rally could extend. If momentum fades, those crowded positions could make the pullback much sharper.
Is $ZEC still worth chasing here, or is the better trade waiting for a dip?
#ZEC #Zcash #Crypto #Trading #Binance
Zcash is up more than 17% today, while trading activity remains elevated. But there’s an interesting twist: a large trader reportedly added 5,000 $ZEC to an existing short position as the price rallied.
That creates a very interesting battle between momentum buyers and short sellers.
If buyers keep the volume strong, the rally could extend. If momentum fades, those crowded positions could make the pullback much sharper.
Is $ZEC still worth chasing here, or is the better trade waiting for a dip?
#ZEC #Zcash #Crypto #Trading #Binance
