🔕URGENT
$ZEC UPDATE 🚨
If you are holding ZEC don't skip this post .ZEC dumped after the main developer org (Electric Coin Co.) team resigned amid a governance dispute with the Bootstrap board. That headline sparked fear, leverage got flushed, and people panic-sold hard, that’s why we saw this ugly dump. Yesterday we shorted it and made solid profit
Now let's discuss everything in detail 👇
1:Right now it looks like a whale-trap + liquidation-trap move, so what I expect next is a relief bounce into the 392–416 supply/liquidity area (around the 400 zone)… and then another heavy dump again. �Yes I will short it again and This is my complete plan 👇🐼
⚪Entry: 392 – 402
⚫DCA: 408 – 416
🔴 Stop Loss: 428
🎯Targets
👉 383
👉 371
👉 358
Breakout entry: If price breaks and holds below 369, I will enter short directly without waiting for the pullback.
2: Question arises how much it can dump further ⁉️
Max dump (if panic continues)
345–340 next support pocket
330–320 deeper support
305–300 major psychological zone
extreme capitulation wick: 285–275 (only if market-wide risk-off hits)
3:Also many people are concerned about
$BCH because both ZEC and BCH are mining coins : Yes, BCH can also dump hard because it’s a PoW mining coin and moves with overall market liquidity/leveraged flushes but the reason ZEC got nuked was a specific governance shock (ECC team resignation). BCH doesn’t have the same “single core company quitting” catalyst because its development is more decentralized across multiple teams/implementations, so a ZEC-style headline-driven collapse is less likely, but a market-wide dump can still drag it down fast
Stay safe and stay Alert ‼️
#BinanceHODLerBREV #USTradeDeficitShrink #ZECUSDT #BCHUSD #BTCVSGOLD