ZEC Price Breaks Below $500 as Bulls Defend the Crucial $470–$480 Support Zone

ZEC breaks below $500 after losing $520 support as bulls watch the $470-$480 liquidity zone to avoid a deeper move into the $400s.

Zcash has moved below $500 after losing the $520 support level watched by traders. Analyst Ardi said the drop matched the downside scenario he had outlined earlier.

The next focus is the $470–$480 liquidity zone, where buyers may try to slow the pullback. That range also served as the earlier breakout pivot before ZEC moved above $540.

Ardi said the higher-timeframe chart may still be forming a higher low after a strong upside move. However, that view depends on how price reacts near the current support zone.

The coming week may show whether ZEC is rebalancing before another recovery attempt. A weak response could keep the wider $400 range in focus.

ZEC Loses the $520 Support Level

Ardi said ZEC has now cleanly moved below the $500 level. He linked the drop to the earlier loss of $520 support. That level had acted as an important line for short-term buyers.

$ZEC has now cleanly flushed below $500.

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