#zec

Price Action & Key Levels

$ZEC has been heavily rejected from the major resistance near 718 and is now struggling just above the crucial support floor at 332.

· Immediate Support: 332 (must hold for any relief bounce)

· Next Support if Broken: 314

· Near-Term Resistance: 367

Momentum & Indicators

· RSI(6) at 33.86 and RSI(14) at 38.08 — both in bearish territory, not yet oversold.

· MACD histogram negative at -0.77, with DIF below DEA, confirming bearish momentum.

· Price trading below all key EMAs (9, 20, 21), signaling continued selling pressure.

· Volume below MA(5) suggests weakening momentum in the current move.

Scenario Outlook

1. If 332 holds: Expect a potential bounce toward 367.

2. If 332 breaks: Look for a fast move down to 314, with further downside possible.

Trade Consideration

Preparing for a short entry on a confirmed break and close below332, targeting 314. Stop loss above 345 to avoid fakeouts. Given the extended downtrend, any bounce toward 367 could also offer a secondary shorting opportunity.

Current Price: 411.15

24h Change: -2.89%

Market Sentiment: Bearish

Key Decision Level: 332

Trade safe — use stops.