Zcash Token narxiZEC

My personal point of view $ZEC is showing early strength again.... As long as it holds this support level, I expect a strong bounce ahead with higher targets coming next.... Targets (My View Only): T1: 340 T2: 350 T3: 466

$ZEC starting to look interesting for a potential relief rally. - 60% pullback from the highs - Retail flow flushed out or underwater Would be nice to get a snapback towards high 400’s Ideally, we get a little deeper into that $270-$290 region lining up with the 100-day MA (red line) We’re also tracking the on-chain activity closely and will update as it develops.

Zcash (ZEC) has been one of the weakest performers this week, sliding over 25% as sellers maintained full control. But after days of aggressive downside, the token is finally showing the first signs of exhaustion. Selling pressure is slowing, volatility is compressing, and ZEC is holding a critical support zone that has historically triggered strong rebounds. The market may be preparing for its next decisive move — and ZEC sits right at the pivot. 🔍 𝙒𝙝𝙮 𝙕𝙀𝘾 𝘾𝙤𝙪𝙡𝙙 𝘽𝙚 𝙉𝙚𝙖𝙧𝙞𝙣𝙜 𝙖 𝙍𝙚𝙫𝙚𝙧𝙨𝙖𝙡 Despite the wider bearish trend, momentum behind the decline is fading. Price action is tightening into a narrow consolidation range, often a signal that accumulation is starting. 𝙆𝙚𝙮 𝙨𝙞𝙜𝙣𝙖𝙡𝙨: ⏩Selling momentum weakening — declining volume and shorter bearish candles ⏩Price holding a strong historical support zone Repeated bullish wicks defending liquidity on lower timeframes ⏩RSI forming early divergence, showing downtrend fatigue ⏩Price compression tightening before a potential breakout These signals don’t confirm a reversal yet, but they do suggest sellers are losing dominance. 📊 𝙕𝙀𝘾 𝙋𝙧𝙞𝙘𝙚 𝘼𝙣𝙖𝙡𝙮𝙨𝙞𝙨 ZEC recently dipped below the 0.5 Fibonacci retracement from the yearly high and is now drifting toward the 0.382 level at $302. However, buyers have held the $330 level for two straight days, a zone that previously acted as major resistance before the breakout. RSI has cooled off sharply since early November and is now flattening, raising the possibility of a bullish divergence, which would be confirmed with a daily close above $340. Despite heavy monthly distribution, ZEC is finally attempting to stabilize — setting the stage for the next move. 📈 24-Hour Scenarios ⏩Bullish Case If buyers protect $330 and push ZEC above $385, momentum could flip quickly. A breakout above $400 may accelerate a short-term recovery toward: $525 – $545 This would signal a shift from consolidation into early trend reversal. 🔻Bearish Case If the $330–$345 support zone fails, ZEC is exposed to a retest of: $300 (critical support) A breakdown below $300 could extend the weekly downtrend toward $270 or lower. 📌 𝘾𝙤𝙣𝙘𝙡𝙪𝙨𝙞𝙤𝙣 ZEC is at a key turning point after its severe 25% pullback. Early stabilization at support suggests the downtrend is weakening, but confirmation will depend on how price reacts over the next 24 hours. 🔹Above $330 → Recovery potential opens 🔹Above $385 → Short-term reversal likely 🔹Below $300 → Downtrend resumes ZEC’s next move will define whether this is the start of a rebound — or another leg down. 𝘿𝙞𝙨𝙘𝙡𝙖𝙞𝙢𝙚𝙧: 𝙏𝙝𝙞𝙨 𝙞𝙨 𝙣𝙤𝙩 𝙛𝙞𝙣𝙖𝙣𝙘𝙞𝙖𝙡 𝙖𝙙𝙫𝙞𝙘𝙚. 𝘾𝙧𝙮𝙥𝙩𝙤 𝙩𝙧𝙖𝙙𝙞𝙣𝙜 𝙞𝙣𝙫𝙤𝙡𝙫𝙚𝙨 𝙧𝙞𝙨𝙠𝙨; 𝙤𝙣𝙡𝙮 𝙞𝙣𝙫𝙚𝙨𝙩 𝙬𝙝𝙖𝙩 𝙮𝙤𝙪 𝙘𝙖𝙣 𝙖𝙛𝙛𝙤𝙧𝙙 𝙩𝙤 𝙡𝙤𝙨𝙚. #Zec

「ZEC&MON Top Short in History」 Take-Profit Section: The ZEC short position has made a profit of over $5 million, while simultaneously shorting MON has a unrealized gain of nearly $2 million.