$ZEC
Zcash is trading at $1438 after a clear breakdown from the rising channel that guided the entire September advance. Price rejected hard from the $1650–$1700 supply zone, lost the ascending channel support, and is now pressing into the prior demand band between $1400 and $1350. Structure has shifted from higher highs and higher lows to a series of lower highs with expanding red candles, confirming short-term control by sellers.
EP $1435–$1445
TP1 $1400
TP2 $1355
TP3 $1280
SL $1495
Trend strength is decisively bearish on the 4-hour timeframe. The sustained break below the rising channel and the failure to reclaim the broken structure show that upside momentum has exhausted.
Momentum remains negative with consecutive lower closes and no meaningful recovery attempt, keeping the bias firmly toward further downside.
Price is likely to continue lower because the $1400–$1350 zone is the first major liquidity target left after the channel failure; a clean break of that band opens the path toward the next demand cluster near $1280 where prior consolidation occurred.
$ZEC
Zcash is trading at $1438 after a clear breakdown from the rising channel that guided the entire September advance. Price rejected hard from the $1650–$1700 supply zone, lost the ascending channel support, and is now pressing into the prior demand band between $1400 and $1350. Structure has shifted from higher highs and higher lows to a series of lower highs with expanding red candles, confirming short-term control by sellers.
EP $1435–$1445
TP1 $1400
TP2 $1355
TP3 $1280
SL $1495
Trend strength is decisively bearish on the 4-hour timeframe. The sustained break below the rising channel and the failure to reclaim the broken structure show that upside momentum has exhausted.
Momentum remains negative with consecutive lower closes and no meaningful recovery attempt, keeping the bias firmly toward further downside.
Price is likely to continue lower because the $1400–$1350 zone is the first major liquidity target left after the channel failure; a clean break of that band opens the path toward the next demand cluster near $1280 where prior consolidation occurred.
$ZEC
