ZEC: Whale Opens $19M 10x Long After $1.16M Loss
ZEC whale opens $19M 10x long position after closing MSFT and PLTR longs at $1.16M loss, with price at $629 showing bullish MACD confluence.
SourceAnalysis
@ICanPlug closed MSFT and PLTR long positions at a $1.16M loss before opening a fresh 31,096 ZEC long worth $19M at 10x leverage.
Price action on the 4h chart shows ZEC trading at $629 while testing upper Bollinger resistance at $614.59, with MACD golden cross at 13.26 confirming trend strength and RSI at 67.64 leaving room before overbought territory; institutional desks tracking ZEC price prediction and leveraged crypto positions expect a healthy retracement toward EMA50 support at $567.89 before continuation higher.
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