$ZEC is trading near a key decision zone after a strong impulsive move. Price has been rejected from the 0.618–0.786 Fibonacci resistance, confirming supply pressure at the upper range.
Key scenarios:
Bearish continuation: Failure to reclaim the resistance zone may trigger a deeper correction toward 324, with a worst-case extension toward 82 if momentum accelerates.
Invalidation: A strong weekly close above the Fib resistance would cancel the bearish setup and reopen upside expansion.
Conclusion: This is a high-risk zone. Patience is key—confirmation is required before committing. Risk management matters more than prediction.