$ZEC /USDT based on your 15-minute chart, focused on structure, momentum, and what’s most likely next.

🔹 Market Context

ZEC is not trending strongly right now—it’s in a mean-reversion / range recovery phase after a sharp drop from the 453–456 area into 443, followed by a controlled bounce.

Current price: 450.98

This is recovery back into range, not a breakout yet.

🔹 Structure & Price Action

Recent swing high: 453.99

Breakdown low: 443.37

Bounce formed a higher low

Price is now back above all short MAs

The sharp selloff was rejected quickly, which tells us buyers defended the lower range. However, price is now approaching range resistance, where reactions matter.

🔹 Moving Averages (Compression Zone)

MA(7): 449.6

MA(25): 449.3

MA(99): 448.4

All MAs are stacked tightly and price is sitting just above them → this is a decision zone. Tight MA compression often precedes a volatility expansion, but direction still needs confirmation.

🔹 Volume Insight

Strong red volume on the flush to 443

Volume declined during the bounce

No aggressive buying volume yet

This bounce looks technical, not impulsive—important distinction.

📌 Key Levels That Matter

🟢 Support Zones

449.5 – 448.8 → MA cluster support

447.5 – 446.5 → mid-range support

443.3 → key invalidation (range low)

🔴 Resistance Zones

452.0 – 453.5 → immediate supply

456.0 → range high / breakout trigger

Above 456 → momentum expansion zone

🎯 Probable Scenarios

⚠️ Range Continuation (Most Likely)

Chop between 448 – 453

Reactions at both edges

Best suited for scalps, not swings

✅ Bullish Continuation (Needs Confirmation)

Strong close above 453.5

Volume expansion on green candles

➡ Targets:

456

460 – 465

❌ Bearish Rejection

Failure at 452–453

Loss of 448.5 with volume

Then downside reopens toward 445 → 443.

🧠 Final Read

ZEC is neutral-to-slightly constructive, but not trending yet.$ZEC