Technical analysis by OnchainNewsBlog about Symbol ZEC on 12/17/2025

The bounce off the ~300 support formed a rising channel, but structurally this looks like a corrective retracement within a broader down move rather than a new impulsive trend. Price is now breaking below the lower channel boundary and failing to hold former support around the 390-400 area, which is starting to act as resistance. Momentum is rolling over again, and the lack of follow-through on the bounce suggests weakening demand. With ZEC rolling over in sync with the broader market, the probability favors continuation back toward the 300-310 HTF support zone. Unless price can quickly reclaim the channel and hold above it, this temporary uptrend appears complete. Key here is respecting the loss of structure and managing risk accordingly.