Technical analysis by BeInCrypto about Symbol ZEC on 12/18/2025

Zcash trades near $396 at the time of writing, sitting below the $403 resistance. The Parabolic SAR remains above the candlesticks, indicating the downtrend is still active. This signal reflects lingering bearish pressure despite improving on-chain and momentum indicators. Whale accumulation and strengthening momentum could counter the technical weakness. These factors may push ZEC toward the $442 resistance. Converting this level into support would be critical. A sustained breakout could open the path toward $500, restoring broader bullish confidence. Risks remain if momentum fails to materialize or whale behavior shifts. Continued weakness could drag ZEC toward the $340 support. A deeper sell-off may extend losses to $300 or even $260. Such a move would invalidate the bullish thesis and confirm extended downside pressure.