Story Highlights* Zcash has slipped below a key consolidation zone, breaking its prior balance range and signaling weakening demand, opening the door for sellers to test the next lower support.
The ZEC price rebound looks shallow and unconvincing, suggesting it’s more of a technical pause than a true reversal.
With bulls failing to reclaim the broken range, downside pressure could rebuild and intensify bearish follow-through toward lower levels.
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Zcash Attempting a Rebound After the Crash—Will ZEC Price Reclaim $400 or Drop Below $300?
Story Highlights* Zcash has slipped below a key consolidation zone, breaking its prior balance range and signaling weakening demand, opening the door for sellers to test the next lower support.