📉 ZEC/USDT Market Update
Zcash (ZEC) has seen a sharp 12% drop, currently trading around $319 after hitting a 24h high of $363.94 and a low of $313.32.
After the heavy sell-off, the chart shows some buying pressure buildings near the $315 support zone, signaling a possible short-term relief bounce. The 15m candles reveal repeated lower highs — a clear downtrend structure, but bulls are slowly stepping back in.
🔍 What to Watch:
Key support: $313 – $315
Resistance: $330 – $340 range
A breakout above $340 could confirm short-term recovery momentum.
⚠️ Market sentiment remains cautious, but any consolidation above $315 could attract scalpers looking for quick upside plays.