#ZECUSDT Update
#Zcash continues to struggle at the ascending resistance around $565.
Failure to break and hold above this level keeps downside risk active. Lower-side liquidity sits around the ~$500 zone, where longs are currently overleveraged — a setup MMs typically like to hunt.
If price remains capped, MMs may first push lower to flush that liquidity before any sustainable move higher.
What changes the bias?
👉 A clean break and strong hold above the ascending resistance would invalidate the downside liquidity draw and shift momentum back to the upside.
Liquidity first. Structure second.
