$ZEC just triggered a short liquidation of $53.1K around 288.91, showing a strong squeeze on sellers and a shift toward bullish momentum. The move indicates buyers stepping in aggressively after clearing weak short positions.
Resistance is now at 295–305. A clean break and hold above this zone can push ZEC toward 320 as the next target. On the downside, support is forming around 275–270. If this level breaks, price can slide toward 255 where stronger demand may step in.