$ZEC | 1H | BUY SETUP |Zcash / TetherUSBINANCE:ZECUSDTcoinpediamarkets🚨 ZEC is back above $1,300 with ETF money coming in and NU7 days away. But the highs are still getting lower. The popular trade: buy the order block pullback, target $1,403. Here’s what the chart doesn’t show 📊 Peak near $1,700 in early Oct. Bounces since have topped at $1,450, then $1,350 Oct 20 volume was ~109K ZEC. The last push through $1,500 in Sept traded 244K Grayscale ZEC ETF has had 3 straight days of inflows, which is real demand NU7 activates around Nov 5 with 25-second blocks. Upgrades often get front-run, and ZEC is already up ~15% this week ZEC is a top-10 asset at ~$22.9B market cap, up ~370% in a year. Most of that is already priced in So the question isn’t whether the news is good. It’s whether the news is already in the price. The setup is mixed. Structure is recovering, ETF flows support it, and the catalyst is dated. But the rally is running into a range top on lighter volume. 🎯 Levels (1H chart): Order block: $1,257.28–$1,277.82 Entry: $1,278.50 Invalidation: $1,253.50 TP1: $1,318.44 TP2: $1,403.50 Risk is about $25 to the stop against about $125 to TP2, a 5:1 R:R, but only on a real retest of the block. Not chasing $1,312. Interest starts on a pullback into the zone with a reaction. A close below $1,253.50 invalidates it. If the block fails before NU7, the “buy the upgrade” crowd could get trapped. Not financial advice.