$ZEC /USDT is currently trading at 339.61 with strong sell pressure, 24h change –10.62% has clearly pushed the market into downside momentum. Sentiment is bearish as the price is continuously slipping below MA(7) and MA(25)
The support zone 336 – 335 is very crucial — a previous bounce occurred here, so the buyers' reaction will be important. Resistance 343 – 348 has become a tough barrier, and ZEC will not start its recovery without breaking it
If the price holds the support, then the short-term target of 345 – 352 could be achievable; otherwise, the trend is still showing weakness. High volatility has created a perfect scalping environment for traders
