Posteo
Slonxx
$ZEC — parabolic move likely hit a local top 💰
Most explosive asset of the year, but this looks like a preliminary peak that needs a correction from here. First requirement is a confirmed break of the trendline, once that holds, the path opens toward $900.
Worth remembering how sharp ZEC's moves have been throughout this cycle. Just like back in early June, this can drop to that zone quickly without much warning. This is a genuinely volatile asset, size and manage risk accordingly.
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