$ZEC is trading in a consolidation phase after recent volatility, showing signs of stabilization near short-term support. Momentum is neutral to slightly bullish as buyers continue to defend key levels, but upside strength remains limited without a clear breakout.
Technical view:
Support: recent base zone holding well
Resistance: near-term supply area above current price
Momentum: cooling after prior move, suggesting range-bound action
Outlook:
If volume increases and resistance is broken, ZEC could attempt a short-term continuation move. Failure to hold support may lead to a minor pullback before the next trend forms. Overall bias remains cautiously optimistic but reactive to broader market sentiment.
ZEC
383.44
-11.78%