$ZEC

ZEC
269.72
-6.59%
Zcash is clearly in a downtrend on the 4-hour chart, trading at 263.6 and below the EMA21 (288.2). The pair recently tested 257.6 and produced a small bounce, suggesting short-term support but persistent selling pressure. RSI(7) is deeply oversold around twenty three, while RSI(22) and RSI(40) sit near thirty one and thirty six, indicating weak momentum and room for consolidation or minor relief rallies. Price action shows lower highs and lower lows, so bias remains bearish. Only a decisive reclaim above roughly 290–310 would signal momentum change. Traders should prioritise capital preservation: wait for confirmation, size positions small, and set tight stops. Monitor volume spikes and on-chain flows closely. DYOR.#TrumpEndsShutdown #zec