Zcash perps are -6.65% and the replies are already calling it a discount.
Zcash perp at $1,553, -6.65%, 1939M volume, open interest 438K contracts.
Resistance $1,654 then $1,682
Support $1,534 then $1,508, deeper $1,446
7d range $1,446 to $1,699, 20D avg $1,389, price above
Funding 0.0100%, basically neutral. Neither side is desperate here.
$1,654 is roughly where it stalled last time. That's a past reaction, not a forecast. Plenty of charts have broken every level that used to matter.
Now the part nobody says out loud. This already moved -6.65%. If you fomo into leverage off a post like this and it turns, that's your position, your size, your liquidation. I'm drawing a map, I'm not driving your car.
Where's your invalidation?
Levels off a public chart, shared as a personal view. Not a recommendation, not a signal, not an offer to trade. Do your own research. Anyone acting on this carries their own risk entirely.
#ZEC #Futures
Zcash perp at $1,553, -6.65%, 1939M volume, open interest 438K contracts.
Resistance $1,654 then $1,682
Support $1,534 then $1,508, deeper $1,446
7d range $1,446 to $1,699, 20D avg $1,389, price above
Funding 0.0100%, basically neutral. Neither side is desperate here.
$1,654 is roughly where it stalled last time. That's a past reaction, not a forecast. Plenty of charts have broken every level that used to matter.
Now the part nobody says out loud. This already moved -6.65%. If you fomo into leverage off a post like this and it turns, that's your position, your size, your liquidation. I'm drawing a map, I'm not driving your car.
Where's your invalidation?
Levels off a public chart, shared as a personal view. Not a recommendation, not a signal, not an offer to trade. Do your own research. Anyone acting on this carries their own risk entirely.
#ZEC #Futures