ZEC bearish target around $260
Cycle highs at $325 and $404 point to a potential move toward the $260 zone as long as the $404 high remains intact.
Price is now entering a bullish demand area, but this zone gets invalidated on a decisive close below $301. Below that, key supports sit at $298–297, then $277, and finally the major target near $260.
On the 4H, RSI is approaching oversold, which could trigger a bounce but structure still looks corrective and bearish for now.
Patience needed. Always manage risk.
