Two days ago I said $ZEC needed a 4H close above $1,281 to stay alive, and a close under $1,232 would break it. It broke — hard.
That was my line two days ago, and the tape answered it: $ZEC now trades near $1,140 on Binance spot, down about 9% in 24 hours, after a single 4H candle sliced through $1,232. The old floor is now the ceiling to reclaim.
NU7 still lands around November 5 at block 3,543,405, cutting block time from 75 seconds to 25 with daily issuance unchanged. I still doubt timing saves a broken chart: the funding fight over the 8% grants stream is unresolved, and a falling market rarely pays full price for a scheduled event.
Support $1,100 · Resistance $1,232. A daily close under $1,100 ends this setup.
What earns $1,232 back for you — one 4H close above it, or does a broken floor need more than one print?
Not financial advice. DYOR.
$ZEC #Zcash #NU7 #Privacy #CryptoMarkets
That was my line two days ago, and the tape answered it: $ZEC now trades near $1,140 on Binance spot, down about 9% in 24 hours, after a single 4H candle sliced through $1,232. The old floor is now the ceiling to reclaim.
NU7 still lands around November 5 at block 3,543,405, cutting block time from 75 seconds to 25 with daily issuance unchanged. I still doubt timing saves a broken chart: the funding fight over the 8% grants stream is unresolved, and a falling market rarely pays full price for a scheduled event.
Support $1,100 · Resistance $1,232. A daily close under $1,100 ends this setup.
What earns $1,232 back for you — one 4H close above it, or does a broken floor need more than one print?
Not financial advice. DYOR.
$ZEC #Zcash #NU7 #Privacy #CryptoMarkets
