ZEC continues to face downward pressure, breaking below the $300 support level (which has now turned into resistance), and the current trading price is close to $245. The sellers' target is in the $240-244 support zone; if this area is broken, the downtrend could further extend to the $200-210 region. Resistance levels are at $260-280, with $300 being a key resistance level. Although oversold conditions and a hammer candlestick near $240 indicate that selling momentum is weakening, a sustained rebound still requires increased trading volume and a breakthrough of resistance levels. Regulatory scrutiny and unfavorable factors in the privacy coin sector continue to exert pressure on market sentiment.