$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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