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Did anyone actually see this $ZEC move coming?
Zcash is absolutely flying right now, up over 23% in a single day. We just smashed through that old resistance at 280 like it wasn't even there. When you see vertical price action like this with massive volume, it usually means the big players are finally awake.
The current price is around 332 and it’s looking a bit overextended on the daily. We hit a high of 340 today and pulled back slightly, which is expected. I’m looking for a potential retest of the 315 level to see if it flips into solid support.
The order book is still leaning heavily towards the buy side at 75%, so the momentum is clearly there. Just be careful chasing at these levels if you missed the entry.
Are we headed for 400 or is this the local top?
#GateSquareAprilPostingChallenge $ZEC