ZEC is trading at $515, down 19% in 24 hours, indicating a strong bearish trend. The price is near its 24h low and the Bollinger Band lower edge ($469), a key support level. A break below this could trigger a further drop.
Despite the downtrend, the STOCHRSI is overbought (87.95), suggesting a potential short-term bounce. However, any recovery would likely face resistance near $560. The overall momentum remains weak.
It's just an analysis. DYOR
Thank you