Zcash is approaching a significant Fibonacci convergence point along with the supply area, often leading to strong reversals 👀

If the price fails to break through the 0.618–0.786 range, the likelihood of a correction becomes very high.

📉 Bearish Targets

T1 — $324.07

T2 — $82.28

This move could result in a complete macro correction before any new bullish cycle begins.