$ZEC has delivered a strong impulsive rally into a key resistance region near the $330–$340 zone, an area that previously marked a major distribution point.

The sharp expansion in price reflects aggressive buying pressure, but the current positioning suggests the asset is now testing a critical supply level.

Price behavior around this zone will be decisive. A sustained hold above resistance would indicate strength and potential continuation of the upward trend. However, given the speed of the recent move, a rejection remains a realistic scenario, which could lead to a corrective pullback toward the $260 region to rebalance inefficiencies.

For now, the market is at an inflection point, and confirmation from price action will be essential in determining whether this breakout has the strength to hold or if a retracement phase is next. #zec

ZEC
ZECUSDT
549.4
-0.49%