$ZEC is trading at 443.95 USDT, down 0.78% on the session. Price remains under pressure after rejecting from the 24h high at 456.20, while holding slightly above the 24h low at 434.80.

On the 15-minute chart, structure is decisively bearish, with repeated lower highs and strong sell-side candles driving price below the short-term moving average. Every recovery attempt is being sold into, keeping momentum tilted to the downside.

Trading volume stays elevated with 223,486 ZEC traded in the last 24 hours and 99.92M USDT in turnover, confirming active distribution rather than exhaustion. Immediate support is seen at 443.30–442.80; a clean break below this zone could accelerate a move toward 438.00–435.00. For any structural shift, bulls must reclaim 448.00–450.00 and hold.

ZEC is locked in a high-pressure zone where continuation risk remains dominant.

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