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$ZEC Long from 321, currently at 582, floating profit around 16x, still holding the position.
Why go long on it? It’s an established leader among anonymous coins, with a nearly year-long sideways bottom consolidation. The 321 level is the lower boundary of a previous concentrated chip area, no further decline. On-chain data shows long-term holding addresses are increasing, selling pressure is weakening. Halving narrative + privacy sector resurgence expectations. The stop-loss was set below 300, aiming for 450, then 580–600.
How is it now?
From 321 to a high of over 642, currently retraced to 582. The highest floating profit once approached 20x, and the trend is still within the daily chart’s upward channel, a normal retracement test after a breakout.
Whale’s approach:
First target 450 ✅ (reached, should be executed but not yet closed)
Second target 580–600 ✅ (reached, currently in this range)
A large-scale take-profit must be executed near 600. Keep going!