ZEC’s rally just collapsed — and the downside is taking control.
A sharp rejection near 476.7 printed a clear lower high, triggering an impulsive sell-off. Price has slipped below the 7/25/99 EMAs on the 1H chart, structure is weak, and sellers are firmly in charge as the 420 support comes under pressure.
Short zone: 425.0 – 432.0
Targets: 418.0 → 405.0 → 392.0
Stop loss: 442.5
As long as ZEC remains capped below the 440 resistance and its EMAs, bearish momentum favors continuation toward deeper support levels.
ZECUSDT
Perp
393.68
+0.33%