Everyone is looking at $ZEC around $1,410–$1,430 and seeing another possible breakout.
I’m looking at what’s sitting underneath it. 👀
The price has been consolidating after that rejection, and honestly, if I only looked at the candles, I could easily understand why people are waiting for another LONG.
Then I checked the liquidation map.
Around $17M of long positions are sitting between $1,320–$1,360.
And there’s one monster position in there — roughly $11.6M around $1,330.
That changes the picture for me.
After the run ZEC just had, I don’t want to chase another long while that much liquidity is sitting underneath the market.
Maybe buyers break higher.
But if price starts moving down, those long liquidations can turn a normal pullback into something much uglier.
That’s the move I’m positioning for.
SHORT $ZEC
Entry: $1,410–$1,430
TP: $1,305
SL: $1,471 👇🏻
The interesting part isn’t whether ZEC looks bullish.
It’s whether those $17M of longs get to stay comfortable.
I’m looking at what’s sitting underneath it. 👀
The price has been consolidating after that rejection, and honestly, if I only looked at the candles, I could easily understand why people are waiting for another LONG.
Then I checked the liquidation map.
Around $17M of long positions are sitting between $1,320–$1,360.
And there’s one monster position in there — roughly $11.6M around $1,330.
That changes the picture for me.
After the run ZEC just had, I don’t want to chase another long while that much liquidity is sitting underneath the market.
Maybe buyers break higher.
But if price starts moving down, those long liquidations can turn a normal pullback into something much uglier.
That’s the move I’m positioning for.
SHORT $ZEC
Entry: $1,410–$1,430
TP: $1,305
SL: $1,471 👇🏻
The interesting part isn’t whether ZEC looks bullish.
It’s whether those $17M of longs get to stay comfortable.
