$ZEC ZEC has dropped sharply — more than 30-40% over the past week, even as many other cryptocurrencies stabilized or rose.

The fall followed the breakdown of key support levels, including a major horizontal support around $480–$500.

Technical indicators (like RSI and MACD) show bearish signals, which means selling pressure remains strong in the short-term.

Some analysts believe ZEC is now oversold. If buyers return, there could be a short-term rebound toward ~$400–$450.

However — unless ZEC reclaims higher support zones (e.g., ~$450–$480) — the risk remains for further declines, possibly toward $200–$250 over coming months.

Much depends on broader crypto-market conditions, regulatory developments around privacy coins, and whether interest in privacy-focused assets strengthens again.

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