ZEC has recently shown impressive resilience. Short positions are under pressure, with positions accelerating to escape, and selling pressure on the market has significantly eased. What does this shift mean? The price has room to break upward, and the market is looking for confirmation signals.

From a technical perspective, the current price of 447.6 USDT is in a central position. Support below is quite clear—442.0 is a nearby key support, with a deeper support zone between 434.22 and 442.0. Resistance above is around 451.99, about 2.08% away from the current position, with the resistance zone ranging from 446.15 to 455.48.

The trading approach is also straightforward: when the price approaches the 442 support level, consider going long and placing buy orders. If the support is broken, cut losses decisively. Such an arrangement can effectively control risk. Whether the bulls can hold up at this position depends on the upcoming volume performance.