Zcash (ZEC) holds $200 demand zone as price compresses toward $250–$268 resistance range

Zcash (ZEC) has stabilized above a major demand region around $200 after a broader decline from levels above $700, with price now moving within a narrow band under key resistance. The coin recently tested the $240–$251 area, where horizontal resistance and moving averages converge, while Fibonacci levels near $250–$268 outline the next upside targets if buyers maintain control.