$ZEC Update
While many assets experienced strong upside momentum at the start of the year, ZEC remained within its descending range, trading just below the 62% Fibonacci level (482).
ZEC continues to show inverse activity versus Bitcoin and has now moved above the 2026 opening level.
I assume that the New Year’s hype is over, and a continuation of the upward move toward 50% of the November candle's tail and a gap fill remains the primary scenario.
#ZEC #zec #altcoins

ZEC
434.52
+3.12%

ZECUSDT
Perp
434.28
+3.25%