$ZEC is still in a strong downtrend on 4H.
Price sits around $382 after a sharp dump, and it stays under EMA7 $410, EMA20 $438, EMA40 $460. RSI is crushed, RSI 7 near 19 and RSI 14 near 26, so sellers control the move, but a quick bounce risk is high because ZEC is oversold.
Key levels to watch
Support: $382, then $376.6, $372.2, and the main magnet at $370. If $370 fails, next big support sits near $301.
Resistance: $400.7 first, then $410.4. If bulls reclaim those, next upside level is $429.
As long as ZEC stays below $400 to $410, pullbacks stay weak and a retest of $370 stays on the table. If ZEC loses $370 with momentum, the downside opens fast. If ZEC holds $370 and prints a bounce, expect a relief push back toward $400 to $410, then sellers step in again.
