$ZEC trades near $31, pressured by a key weekly resistance level. On-chain metrics show a notable decline in network activity and developer engagement over the past year, raising fundamental concerns.

Price action remains within a long-term descending channel, with the next major support around $28. A decisive break above the $35-$37 resistance zone is needed to shift the bearish structure.

#BTCVSGOLD #BinanceBlockchainWeek

ZECUSDT

Perp

441.87

+9.70%