ZEC's recent performance is indeed worth paying attention to. From a technical perspective, the bearish trend is still ongoing, and it has now entered the support zone below.

Here are some key levels I’ve listed: the 385 to 390 range was originally support but has now become resistance. If the price cannot break back above this area during a rebound, it indicates that the rebound strength is still weak, and the bearish logic remains unchanged.

Further down, 360 to 370 has become the next support zone. If this level is broken, the bears are likely to accelerate the downward move, so stay alert.

But one point to emphasize — the 420 level is very critical for the trend. If the price can hold above 420, there is a possibility of a trend reversal; otherwise, it’s too early to talk about a reversal.

Overall, the key in the near term is to observe the performance at these levels, especially whether the resistance at 385-390 can be effectively broken.