🚀 $ZEC : growth is present, but risks remain
Zcash is trying to recover after a drop of >55%. The price is currently around $440, close to resistance at $442. The RSI broke 50 → a short-term bullish signal, but the momentum is not yet established.
Key factors:
• Negative correlation with BTC (-0.47) → Bitcoin's growth may pressure ZEC.
• To recover to $520, a hold above $442 and sustained demand is needed.
• Full recovery to $700 requires favorable movement in the entire market.
Risks: a pullback to $403–$340 if the resistance breakout fails.
➡️ Conclusion: local rallies are possible, but ZEC is still sensitive to BTC and the overall market.
