Overview
- ZEC pushed back into the $250 zone on Wednesday after buyers turned $240 to $245 into short-term support.
- Flow trackers logged more than $10 million in net inflows over 48 hours, and on-chain data show large holders adding to positions.
- Analysts point to $240 to $250 as the confirmation band, with follow-through above it opening targets near $280 and then $320.
- Derivatives data show only a small uptick in bets and flat to slightly negative funding fees, which suggests the move is not being driven by heavy leverage.
- Traders are watching for failure at $250 that could send price back toward supports near $200 to $210, with AMBCrypto noting ZEC’s path may weaken if Bitcoin turns lower.