#ZcashProject Technical Analysis Summary
Key Indicator Current Signal Implication
Overall Trend (Long Term) Bullish (Historical) Potential for long-term recovery.
Recent Trend (Weekly/Daily) Bearish (Strong) Current selling pressure, the price has dropped significantly.
Moving Averages Strong Sell The price is below key moving averages (e.g., 20-day EMA).
Oscillators (RSI, MACD) Neutral to Sell The RSI (38.6) has room to rise, but the MACD shows bearish momentum.
Key Support Levels ~$333, $190 Points of interest for potential buyer rebounds.
Key Resistance Levels ~$400, $445 Areas where selling pressure could increase

