$ZEC Zcash's Falling Wedge Meets a $19M Warning Zcash is approaching a technical decision point, but weakening capital flows challenge the bullish reversal narrative. $ZEC has recorded three consecutive bearish weekly closes, with cumulative losses of roughly 30%. FXStreet reports a third straight weekly outflow from Grayscale's Zcash ETF, totaling $19.15 million, while futures open interest has fallen to a 30-day low. A proposed falling-wedge setup places resistance near $1,165 and support around $1,035. A confirmed four-hour breakout above $1,165, followed by $1,184, could reopen the path toward $1,290. Losing $1,035 would instead expose $1,000 and potentially $870–$920. Jamos Parsa's view: a bullish chart pattern becomes less convincing when investor participation is contracting. Price confirmation must outweigh pattern expectations. Meanwhile, the NU7 mainnet decision is scheduled for October 20, with November 5 remaining a tentative activation target. Will technical momentum return before institutional demand does? #ZEC #Zcash