$ZEC

ZEC

229.8

-4.25%

continues to trade inside a well-defined descending channel after rejecting from the upper boundary. The recent bounce stalled quickly, confirming sellers remain active at resistance. Price action shows consolidation beneath the trendline, suggesting distribution rather than accumulation.

If price remains below descending resistance, continuation toward the lower channel support becomes likely. A clean breakout and hold above the channel would be required to invalidate the bearish structure.