ZEC at $1,480: 10.7% gain amid NU7 vote and derivatives surge
- —ZEC trades at $1,479.66, up 10.71% in 24 hours
- —Derivatives volume rose 90.78%, open interest climbed 30.99% to $3.5 billion
- —The NU7 vote ended on September 14: about 2.4 million ZEC
- —Support on a pullback is at $800 and the $500 demand zone
Why it matters: A break above $1,300 would confirm the rally's continuation, while a pullback could trigger leveraged position closures and a drop to $800.
Source: TronWeekly