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📉 $ZEC UPDATE — PULLBACK CONFIRMED
$ZEC has dumped back below the $500 level, printing a low around $480 after rejecting strong overhead resistance that was previously highlighted.
Market recap: • Resistance zone held firmly at the top
• Price rejected and lost momentum
• Breakdown move followed as expected from the structure
📍 Current situation: $ZEC is now trading in a lower range after failing to sustain above key resistance, showing that sellers are still in control in the short term.
🔄 What’s next? • If broader market recovery kicks in → reclaim above $550 becomes possible
• If weakness continues → risk of further downside toward $450 zone
⚠️ Note: Chasing hype moves at resistance often leads to traps. Always wait for confirmation — structure > emotion.
#GateSquareMayTradingShare