$ZEC has been under sustained selling pressure, sliding from 394 down to the 24h low near 326, where buyers finally stepped in. The current price around 332.83 is showing signs of stabilization on the 1H timeframe, hinting at early accumulation after the recent sharp decline.
As long as ZEC continues to hold above the 328 support area, a short-term relief bounce toward 340 is likely. A clean break above 352 would strengthen bullish momentum and potentially open the move toward the next resistance zone at 367.
The outlook remains cautiously bullish for a rebound, but the setup becomes invalid if price closes back below 322.