$ZEC $ZEC
Entry Zone: $214.50 – $218.00
Targets: $232.00, $248.00, $258.00
Stop Loss: $208.50
Analysis: ZEC is currently in a confirmed downtrend, characterized by a series of lower highs and lower lows. The price is trading at $219.66, confined below the 25-period moving average ($232.73) and the 99-period moving average ($258.65). Although it recently bounced off the 7-period moving average ($214.56), this is considered a temporary rebound within a larger downtrend. A sustained breakout above $233 is needed to change the four-hour market structure to an uptrend.