$ZEC REACHES $1,200 — Is $1,500 Next? Don't Miss This Move Again 🔥
Guys, $ZEC seriously shocked everyone. From around $1,000 to $1,200+ this move has been crazy, but now forget the pump and look at what happens next.
🤔 Why did ZEC pump?
Grayscale's ZCSH ETF has brought a new regulated demand channel, with the fund reporting about $463M AUM and 444K+ ZEC held as of Sep. 4. But the biggest accelerator has been the short squeeze. Around $34.5M of ZEC shorts were liquidated during the move above $1,000.
Now look at the setup.
Derivatives are extremely active, with ZEC OI around $2.3B+. Liquidation maps from 12H, 24H and 1D show strong liquidity above at $1,200-$1,230, then $1,240-$1,250. Below, the bigger liquidity zone is around $1,135-$1,145.
Spot flow is supporting the move:
1H net flow: +9.85K ZEC
1D net flow: +35.65K ZEC
1H large-order flow: +4.29K ZEC
CVD is strong too. Spot CVD and Futures CVD are rising, Taker Buy/Sell is around 1.24, while short liquidations are massively higher than longs.
My configuration:
Entry: $1,150-$1,170
TP1: $1,200
TP2: $1,235
TP3: $1,260
SL: $1,138
If $1,150-$1,170 holds, the RR looks much better.
Confirmation: once ZEC reaches the entry zone, wait for 30-minute confirmation. Don't blindly buy the first touch.
👉 My take:
Can ZEC reach $1,500? Yes, it's possible, but don't assume a straight move from $1,200 to $1,500.
Remember guys, this is still a weekend pump and overall market data isn't fully bullish. Monday is also a US market holiday, so ZEC can continue pumping today and tomorrow. But Tuesday is the real test.
If ZEC holds $1,200-$1,230 into Tuesday and spot flow stays strong, $1,500 becomes a realistic next target.
But if Tuesday brings a major dump, ZEC can revisit the $1,000 zone. $1,500 wouldn't be cancelled, it would simply take more time.
I'm bullish, but I'm not blindly bullish. 👀
$哈基米
Guys, $ZEC seriously shocked everyone. From around $1,000 to $1,200+ this move has been crazy, but now forget the pump and look at what happens next.
🤔 Why did ZEC pump?
Grayscale's ZCSH ETF has brought a new regulated demand channel, with the fund reporting about $463M AUM and 444K+ ZEC held as of Sep. 4. But the biggest accelerator has been the short squeeze. Around $34.5M of ZEC shorts were liquidated during the move above $1,000.
Now look at the setup.
Derivatives are extremely active, with ZEC OI around $2.3B+. Liquidation maps from 12H, 24H and 1D show strong liquidity above at $1,200-$1,230, then $1,240-$1,250. Below, the bigger liquidity zone is around $1,135-$1,145.
Spot flow is supporting the move:
1H net flow: +9.85K ZEC
1D net flow: +35.65K ZEC
1H large-order flow: +4.29K ZEC
CVD is strong too. Spot CVD and Futures CVD are rising, Taker Buy/Sell is around 1.24, while short liquidations are massively higher than longs.
My configuration:
Entry: $1,150-$1,170
TP1: $1,200
TP2: $1,235
TP3: $1,260
SL: $1,138
If $1,150-$1,170 holds, the RR looks much better.
Confirmation: once ZEC reaches the entry zone, wait for 30-minute confirmation. Don't blindly buy the first touch.
👉 My take:
Can ZEC reach $1,500? Yes, it's possible, but don't assume a straight move from $1,200 to $1,500.
Remember guys, this is still a weekend pump and overall market data isn't fully bullish. Monday is also a US market holiday, so ZEC can continue pumping today and tomorrow. But Tuesday is the real test.
If ZEC holds $1,200-$1,230 into Tuesday and spot flow stays strong, $1,500 becomes a realistic next target.
But if Tuesday brings a major dump, ZEC can revisit the $1,000 zone. $1,500 wouldn't be cancelled, it would simply take more time.
I'm bullish, but I'm not blindly bullish. 👀
$哈基米
