ZEC remains in a bearish structure. After breaking below the $300 support level, this price point now acts as a major resistance. Buyers have held the $238-240 region, triggering a short-term stabilization and forming higher lows around $244-246. The rebound could point toward the $260-280 resistance zone, but if it falls below $240, it may accelerate downward toward the psychological levels of $210-200. Although momentum indicators show that selling pressure is weakening, the overall trend remains bearish in the absence of significant volume increase or a macro recovery in the cryptocurrency market.