$ZEC 2D CHART UPDATE ✅

📌 $ZEC Technical Analysis: The market has recently experienced a massive price dump, sliding significantly from higher levels. On the 2-day chart, the price has been strictly respecting a descending trendline and has been rejected twice already, confirming strong overhead resistance.

📌 Major Support Zone:

Green Support Zone: ZEC is currently testing a major green support area. This zone is critical for the long-term structure to remain intact.

The Opportunity: If this zone holds, it represents a high-interest demand area where buyers have historically stepped in.

📌 Path to Bullish Reversal: For a macro trend reversal to be confirmed, the following technical milestones are required:

Hold the Support: The price must firmly defend the green support zone without making new lower lows.

Trendline Breakout: A decisive close above the descending trendline is necessary to signal that the recent bearish pressure has ended.

📌 Indicator & Target Check:

Relative Strength Index (RSI): The RSI is currently in the neutral zone, suggesting that the previous selling pressure is stabilizing and there is room for an upward move.

Moving Averages: The 200-day Moving Average is currently acting as a long-term trend indicator; holding above it will be a major sign of strength.

Potential Target: If the support holds and a confirmed breakout occurs, the price could aim for the primary resistance targets, with a major objective back toward the previous highs near $700+.