🧭 Zcash ($ZEC ) at a critical crossroads
$ZEC is trading near 365 after extended downward pressure, and is now on long-term support that separates the uptrend from the downtrend. Breaking this level previously created a negative structure that could target 255 if the current support fails.
Technically, the price is below key moving averages and the RSI is near oversold areas.
However, on the other hand, chain data shows accumulation from whales, along with institutional support after the Winklevoss brothers donated for protocol development.
The scenario now is between technical pressure and long-term confidence.
📌 Staying above the 350 - 360 area is essential, and regaining $375–400 could spark a strong rebound.
$ZEC is testing the patience and faith of investors, and the decision is near.
