🚨 $ZEC Market Update
#zec daily structure is starting to crack after the sharp vertical expansion. What initially looked like a healthy pullback has now turned into clear structural weakness.
Price has lost trend support, dropped below the 300 key level, and slipped under the 200-day SMA — a bearish confluence that often signals trend fatigue and opens room for further downside.
From a structure perspective, the first area to watch is 245–246, where previous support and technical levels align. This zone could trigger a brief reaction or relief bounce.
If selling pressure remains dominant, the main demand zone sits between 205–185, where buyers are more likely to defend price. Failure to hold this region would expose $ZEC to a much deeper correction, as lower structure remains thin and vulnerable.
The bearish outlook only weakens if $ZEC reclaims 300 with strong volume, flips the 200-day SMA back into support, and breaks the current descending structure.
📉 Structure leads.
Narrative follows.
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