With $ZEC falling more than 15% for three consecutive weeks, the MA5 and MA10 have shown a steep downward trend, and the price continues to operate below both moving averages, indicating that the short-term trend is completely controlled by bears. The early morning surge also failed to effectively break through the short-term moving average resistance, indicating a weak market rebound willingness, with strong selling pressure at highs. ZEC currently presents a typical bearish dominant pattern in technical terms: the moving average system is in a bearish arrangement, short-term rebounds are significantly suppressed by moving averages; the RSI is oversold on the daily chart but lacks strength for a rebound, and the weekly chart has not reached the oversold range, with mid-term downward momentum still present. In the short term, if the daily RSI shows a bullish divergence and the price stabilizes above the short-term moving average, a slight corrective rebound may occur; if the key support level is lost, it will further expand the downward space.

ZEC
ZECUSDT
410.15
+4.01%