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ZEC/USDT – Daily Technical View
ZEC is currently consolidating between 560 (resistance) and 361 (support). On the surface it looks constructive, but dig into the indicators and the picture shifts—most signals are flashing red, which means any rally could face serious headwinds.
The real question: Can buyers show up and push through convincingly? Without fresh buying pressure, gains are likely to stall.
Here's what matters: Watch if price crashes below 361. If it does, look for a quick recovery back above that level. That bounce could reveal whether the floor is actually holding or if sellers have more ammunition left.