ZEC bottom rebound signal? Can the key support at 443 USD hold?

[Coin World] The recent daily chart trend of ZEC has shown positive signals. The pressure from short positions has significantly weakened, and buying has started to actively build a position around the $443.43 level. This price point has become a key support, and more and more investors are optimistic about buying the dip here.

From a technical perspective, ZEC has regained its position above the short-term moving averages, and the momentum indicators have turned optimistic—selling pressure has exhausted, and market sentiment has shifted from panic to cautious optimism. But don't get too excited; the resistance at $454.99 is right ahead, and breaking through it will be the true rebound. There are also two key resistances above at 645.44 and 699.00.

Looking at it this way: if it can hold above $455, the rebound space will open up; conversely, if it falls below $443, the price may head straight for the low of $312.81. The upcoming trend will depend on whether these two key levels can be maintained.