$ZEC is sitting right on the lower boundary of the falling wedge (1D). This zone has already absorbed heavy selling pressure, but the next move will define the trend.
If 265 breaks and price accepts below it, there’s no strong support in between
Next downside zones open up at 230 → 200
This would confirm wedge failure and trend continuation
🔼 Bullish reaction scenario
If buyers step in with clear confirmation (strong daily close / volume expansion)
Expect a relief move toward 330 → 360
Extended upside can stretch to 380 → 400 if sentiment flips bullish