Everyone is chasing the pump, but are they about to get rugged?

$ZEC ‌ is absolutely vertical right now, sitting at 375.55. We just tapped 394.14 and saw a quick rejection, which isn't surprising given how overextended this daily candle looks. When you see a 58% move in 7 days, you have to start looking for the exit door or at least a place to trail your stops.
The volume is massive at 209M USDT, and the order book is stacked with 74% buyers, but that usually feels like FOMO kicking in at the top. We're way above any historical support levels from the last few months.
If we don't clear 395 soon, I’m expecting a violent pullback to test the 315 area to cool off the RSI. Trading this here is like playing with fire, so unless you're already in from the low 200s, maybe wait for the dip. Look for that 329 level to hold if things get shaky.

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