$ZEC

ZEC

370.34

+2.23%

ZEC is trading near a major demand zone (336–370) after a long distribution range capped around 560, indicating strong prior selling pressure. The sharp rejection and breakdown show bears still control the macro structure, but current price is forming a base after capitulation. RSI(7) near oversold suggests short-term relief bounce is possible, not a full trend reversal. Volume decline hints selling pressure is weakening. A clean hold above 360–370 can trigger a corrective move toward previous liquidity zones, while loss of 336 risks another leg down.

TP: 410 → 455

SL: 330

Trade cautiously, manage risk, and DYOR. Not financial advice.#zec #ZECUSDT #zcash