Garrett Jin: Closes ZEC Short for $11.2M Profit

Garrett Jin closed his ZEC short position for a floating profit exceeding $11.2M and maintains a 5x BTC long position showing a $17.84M floating loss.

ZEC trades at $426.92 inside its Bollinger Bands with upper resistance at $487.66. Price sits below both EMA50 at $469.13 and EMA200 at $498.75 confirming the bearish structure while MACD registers a bullish golden cross at -25.99 and RSI holds neutral at 49.51. This setup points to short-term volatility exhaustion near the upper band before any test of EMA50 resistance.