$ZEC
Final decision
long is better now.
Bias is short on rejection, not blind short
Wait for weakness below 405 or clear rejection near 420.
ZEC is trading near 415 after an aggressive expansion move
Price is stretched far above its recent value area, which increases pullback risk
RSI is deep in overbought territory, showing momentum but also exhaustion risk
Volume spiked on the push up, a classic sign of late participation
Funding rates are elevated, meaning longs are crowded and vulnerable
Market psychology here is FOMO driven, not patient accumulation
Strong resistance sits between 420 to 435 from historical supply
If price fails to hold above 405, fast downside liquidity opens
A healthy reset would be a pullback toward 380 to 360 before continuation
Chasing at highs historically punishes late buyers