Garrett Jin: Opens $11.9M Long on ZEC After Short Win

Garrett Jin reversed course on ZEC and opened a 2x long for 27,723 tokens valued at $11.9M, already showing an $812K unrealized loss.

Zcash ZEC recent price drivers and volatility remain tied to privacy demand while ZEC price prediction models watch the 4h structure. Price sits at $428.37 beneath the EMA50 at $459.46 and the EMA200 at $492.43, locking in a bearish trend. The MACD registers a bullish golden cross at 0.01 yet RSI at 47.19 stays neutral inside the Bollinger Bands. With price testing the upper band resistance near $485.9 while the lower band support rests at $373.92, a measured pullback toward the 50-EMA appears likely before any sustained move higher.