$ZEC is currently trading around $280, showing a short-term bounce after forming a recent low near $184. The price is still below the MA(25) and MA(99), which indicates the overall trend remains bearish despite the recent recovery.
The short-term MA(7) is turning upward, suggesting momentum is improving. Immediate resistance is near $293–$300, and a breakout above this zone could push price toward $350.
On the downside, key support lies around $230, with stronger support near $184. Volume has increased during the bounce, which is a positive sign, but confirmation of trend reversal requires a sustained move above the mid-term moving averages.$ZEC

ZEC
272.07
-4.84%
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