$ZEC BACK TO $500? 🚀🔥🔥
-In recent days, ZEC has shown some notable recovery moves. 🔄✨
-CVD Futures are rising again + OI reaching a high level → showing that trader interest remains strong. 📈
-Long/Short Ratio is tilted heavily toward shorts (0.61). 🟥
-Money Flow is currently neutral (48) → not strong enough yet. ⚖️
-Price is increasing, but volume is still weak. Current volume is only
half of what it was during previous bullish expansions. 📉
-Accumulation/Distribution has dropped to its lowest point since the last uptrend → a concerning signal, as price is rising while accumulation is hitting the bottom → unusual behavior. ⚠️
Liquidation Map:
-The $450 zone has a high liquidity cluster → a move toward $450 to liquidate short traders is possible. 🔍
-If price drops, around $100M in positions could be liquidated near $300.
-If price rises, only $75M would be liquidated around $500. 💥
👉 Personal opinion:
Given that traders and investors are still actively engaged, market makers may push the price mainly to trigger futures liquidations, rather than initiating a true bull run like before.
Current volume is not strong or stable enough to support a sustained breakout. 📊 DYORRRR $ZEC #OnChainMetrics
