$ZEC has been under pressure lately: recent price action shows a breakdown from prior support, and technical indicators from a major charting source signal “Strong Sell.” That said, some other shorter-term moving averages recently flipped to “Buy,” hinting at possible consolidation or a short-term bounce.
If ZEC holds around current support levels (roughly $290–$320), there’s a chance for a rebound — with potential resistance targets near $360–$405 if buying returns. On the flip side: if support fails decisively, the next realistic downside zone could lie toward ≈ $260–$220.
Bottom line: ZEC is at a crossroads — oversold and vulnerable, but not out of play. For traders, this could be a “watch-and-wait” moment — looking for signs that support holds, or else bracing for further downside before considering fresh entry.
ZEC
436.67
+7.38%
