ZEC/USD – TradingView Script-Style Summary

// ZEC/USD – Market Summary
// Trend: Bearish below 20-day EMA
// Volatility: Elevated
// Bias: Neutral → Bearish

// STRUCTURE
Price remains below EMA20 (437.28), forming lower highs + lower lows.
Momentum weak (RSI ~36), MACD negative but stabilizing.
Bollinger Band width ~138.51 → high volatility.

// KEY LEVELS
Support 1: 351.28 (daily low)
Support 2: 320.00 (psychological)
Support 3: 220–330 (selloff zone)

Resistance 1: 430.16 (swing high)
Resistance 2: 437.28 (EMA20)
Resistance 3: 512.37 (upper BB)
Fib Target: 577.90 (61.8% retracement)

// BULLISH TRIGGER
Daily close > 437.28 (EMA20) + rising volume
→ Targets: 500–600 range
→ RSI > 50 required for confirmation

// BEARISH TRIGGER
Break < 351.28 (daily low)
→ Targets: 320 → 260 → 220
→ RSI drop < 30 increases downside momentum

// NEUTRAL ZONE
351.28–430.16
Trend consolidation unless EMA20 is reclaimed.

// BIAS
Bearish until EMA20 is reclaimed on strong daily close.