🚨 $ZEC under heavy pressure on Binance — but this zone is important

Zcash ($ZEC ) is trading around $458.9 after a -7.6% daily drop, pulling back from the $504.1 high and holding just above the $448.0 low 📉

🔎 Important levels on the radar:

• Support: $450 – $424 (critical demand zone)

• Resistance: $505 – $530

• Trend: Still bearish on higher TF, but price is reaching key reaction levels

• RSI: 14.9 → extremely oversold (bounce potential increases)

📊 This kind of stretched RSI usually doesn’t last forever. Smart traders watch for volume spikes, long wicks, or structure shift to confirm any reversal attempt.

👀 If buyers defend $450, a relief bounce toward $500+ is possible. Lose $424 and bears stay in control.

⚠️ Volatile zone = position sizing and risk management matter more than ever.

#ZEC #Zcash #PoW #Crypto #Altcoins #Oversold #ChartAnalysis #Web3