Zcash is approaching a major Fibonacci confluence combined with a strong supply zone, an area that has historically triggered sharp market reversals. As price reacts to the 0.618–0.786 retracement box, momentum is weakening — a clear sign that buyers may struggle to push higher.
If ZEC fails to break and hold above this critical zone, a deep corrective leg becomes highly probable, potentially completing a full macro retracement before any new bullish cycle begins.
📉 Downside Targets:
T1 — $324.07
T2 — $82.28
A crucial decision point — caution is key.$ZEC
ZECUSDT
Perp
452.42
+8.65%
