#ZEC
This looks like a clear rejection from a key resistance zone. Price got aggressively sold off from the recent high near 446 and is now sitting just above a critical short-term floor around 410.
The battle is straightforward here: hold above 410 and we could see a relief bounce back toward 426–432. But if 410 breaks cleanly, the downside opens up fast. The next solid support zone sits around 395–388.
Momentum is heavy and still bearish. I’m watching for a confirmed breakdown below 410 to continue the move lower toward 395.
Main risk here is a sharp oversold bounce, so patience and confirmation are key.
Stay sharp. 📉
ZEC
404.78
-4.46%