š $ZEC /USDT: Privacy Coin Overbought Alert! šØ
Zcash (ZEC) is on fire, trading near $675! The privacy narrative is strong, plus the Network Upgrade 6.1 on Nov 23 is fueling the move.
BUT, our indicators (RSI/Stoch) are flashing **OVERBOUGHT**. A correction could be imminent.
š Upside: Clear break over $700 signals a push toward $750.
š Downside: Watch $650 closely. A drop below this could lead to a quick correction to the $620 support.
Trade the momentum, but manage the risk. The 'Sell the News' event is always a possibility after a major upgrade!
