ZEC - pressure remains, but there is a chance for a rebound.

On the 4H for ZEC, we see a clear downward trend: the price is trading below EMA (25) and EMA (99), which confirms the dominance of sellers. After updating the local minimum ~208, the market showed a weak rebound.

Key levels:

• Support: 208-205.

• Strong support: 200.

• Resistance: 215-223.

• Key resistance: 228-230.

Indicators:

* MACD begins to level out - possible local rebound.

* Stoch RSI in the oversold zone - risk of a downward pullback after the impulse.

Scenarios:

° Long is possible only after consolidation above 215 with a target of 223+.

° Short is relevant from resistance zones 220-223 when the price shows weakness.

° Breaking 208 will open the way to 200.

Attention! The market is still under the control of bears - it is better to operate from levels, without haste.