$ZEC /USDT — Zcash | Price: $782.99
Bias: Cautiously bullish above $750, but volatility remains extreme after the sharp rally. Resistance is $847–$850, while key support sits at $750–$760. Entry zone: $765–$780 on a confirmed hold. TP1: $800. TP2: $825. TP3: $847.
The important level is $850. A clean breakout and hold above resistance could force short sellers to cover, creating a liquidation-driven squeeze toward higher liquidity. However, rejection near $840–$850 followed by a loss of $750 could trigger long liquidations and accelerate downside momentum toward lower support.
Stop loss: $742.
Exact liquidation clusters are not visible in the provided chart, so treat $750 and $850 as risk zones, not confirmed liquidation levels. Use small size, avoid excessive leverage, and manage risk carefully. Trade only with caution. No setup guarantees profit.
