$ZEC is showing early signs of stabilization after a prolonged corrective phase.

The sharp reaction from the lower region indicates that strong buying interest is stepping in at discounted levels.

Price is now moving within a tighter range, reflecting a balance between supply and demand as the market digests the recent volatility.

While the broader structure still carries pressure from previous selling waves, the current compression suggests that downside momentum is weakening.

If buyers continue to defend this base, ZEC could develop a recovery structure with room for further upside expansion.