Zcash ($ZEC ) Market Update

Zcash is currently at a critical junction. After losing the $430 support level, the price is now testing the final line of defense for this recent breakout attempt.

Here is what I’m watching:

The Bearish Case: If the trendline support fails, we’ll likely see a drop back into the previous demand zone. This would confirm a "Double Top" pattern. If this happens, I’ll be looking for a cautious entry on the retest.

The Bullish Case: If $ZEC can reclaim the $450 mark, the Ascending Triangle stays alive. This would be a very strong signal for a potential move toward the upside.

ZECUSDT

Prep

417.02

-6.28%