$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!
ZEC-7.44%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
Add a comment
Add a comment
GateUser-6663f93f
· 3h ago
Just charge forward 👊
View OriginalReply0
  • Pin