$ZEC

ZEC

234.83

-0.60%

is trading near 279.78 after a sharp rejection from the 320.78 peak, which points to heavy profit taking and a clear short‑term shift on the 2‑hour chart. Price plunged into the 266.21 demand zone and bounced, showing buyers are stepping in but recovery momentum remains limited.

The 275–280 band is the immediate decision area. Staying above this range preserves the relief bounce, while a failure would likely lead to another sweep toward 270 and possibly 266. On the upside, 287 is the first resistance to watch, followed by the larger supply zone near 300 where sellers were active before.