According to the external analysis, Zcash (ZEC) has recently rebounded and returned to key organizing areas, with market attention focused on the choice of direction between $400 and $500. The latest price is approximately US$ 454.14, which represents an increase of more than 35 per cent over the previous period, indicating that the buying and selling of games around this location is increasing.

According to the article, the upward trend line maintained by ZEC since March has not been temporarily destroyed, which means that the upper structure continues in the medium term. As long as the prices remain above the $400 to $420 demand zone, the market will retain the expectation of a renewed offensive.

It's 400 to $460.

In terms of the distribution of transactions, $400 to $460 is one of the most concentrated trading areas and one of the most mobile regions. The buyer's and the seller's balance was relatively balanced in the area and the zone was therefore considered to be an important support for the short line.

According to the article, the ZEC was able to stabilize in the vicinity of US$ 450 and was linked to the provision of connectivity in this high-transaction area. If prices remain above the zone, the market may still continue to try to break it upwards.

$500 is the first break.

In the area of resistance above, $500 is considered to be the first position to recover. If the price stands at this level, market sentiment may be further strengthened and space opened for higher resistance areas for subsequent testing.

The article mentions that ZEC had previously experienced a marked runoff between $600 and $650 and that this area remains the most important supply area at present. In the event of a breakthrough of $500, the follow-up focus will shift in turn to $600, $650 and a local high point close to $688.

Broken or weakened by $400.

The downside risks are equally clear. If ZEC fails to follow the upward trend line and falls into the high-concentrated support belt near $400, the current bias structure may be significantly weakened and the price fall space will increase.

According to the article, under these circumstances, the market could go further down $300. On the whole, ZEC is still in the consolidation phase, and its next effective breakthrough may determine its short-term dynamics.