💰$ZEC is currently trading around $518.73, coming under fresh selling pressure as bearish momentum begins to build.

Technical Analysis (4H timeframe):

🔴 The price is trading near key short-term moving averages, while the SHORT Sequence 1 signal indicates sellers are gradually regaining control and downside momentum is starting to strengthen.

⚠️ The $525–$535 range acts as immediate resistance. Unless ZEC reclaims this zone with a strong close, recovery attempts are likely to face renewed selling pressure.

📉 Initial support is located around $508–$512. A break below this level could extend the decline toward $495–$500.

Outlook: The short-term bias leans bearish, supported by the fresh SHORT Sequence 1 signal and increasing selling pressure. A decisive recovery above $535 would weaken the bearish outlook, while remaining below resistance keeps the downside scenario in focus.

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