$ZEC
ZEC has shifted from explosive bullish momentum into a strong corrective phase after rejecting from the 690 resistance region.
Key resistance
590–610 → EMA(200) reclaim zone
650 becomes major resistance if bullish recovery attempts strengthen
Key support
570–560 local support area
Loss of this zone could expose a deeper retracement toward the 530 psychological support region
Bullish scenario
A strong reclaim above EMA(200) with sustained buying volume could trigger recovery momentum toward 620–650.
Bearish scenario
Failure to hold above 570 may continue the bearish structure and extend the correction toward lower support levels.
ZEC is currently trading at a critical decision area around EMA(200). Until price establishes strength back above this level, short-term rallies may continue facing selling pressure rather than trend continuation.