$ZEC Technical Update (4H Chart)

$ZEC is currently trading around $311 after facing rejection near the $330 resistance zone. The structure still looks slightly bearish in short term as price is below EMA(5) and struggling to build momentum.

📊 Key Levels:

🔹 Support: $300 – $296

🔹 Resistance: $323 – $330

📉 Indicators Insight:

• RSI near 45 → neutral to weak momentum

• Volume is mixed → no strong breakout confirmation

• Lower highs structure still active

⚠️ Scenarios:

➡️ If $300 breaks → possible drop toward $290 zone

➡️ If price reclaims $323 → bullish move toward $335+

💡 Strategy:

Trade safe — wait for clear breakout or breakdown before entering. Avoid over-leverage.

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