$ZEC | Zcash Market Update
Price is back near the $400 level, and late longs have been flushed after a sharp ~10% drawdown. Liquidation pressure is evident, with buy-side delta thinning at local support—buyers aren’t stepping in with conviction yet.
Without a clean reclaim above $420, this move looks more like a pause within a broader correction, not a confirmed reversal.
Structure remains intact, but price still needs to prove strength.
Trade carefully.
ZECUSDT
Trajne ter. pog.
233.17
+8.29%