ZEC: Jin and Loracle Lock $11.57M Gains

ZEC pushed above $530 again, handing Garrett Jin a $4.7M floating profit on his 2x long while his 5x BTC position sits $12.55M underwater. Loracle’s 10x ZEC long now shows $6.87M in open gains according to on-chain data from hypurrscan.

Price action on the 4h chart sits at $535 against upper Bollinger resistance at $503.58 with RSI(14) already at 78.52. The bullish EMA structure remains intact as price holds well above both the 50-EMA at $443.81 and the 200-EMA at $480.39, yet the overbought momentum and volatility band test point to a probable retracement toward the 50-EMA before any fresh continuation higher.