Zcash (ZEC) fails to break $550 resistance, double‑top pattern points to lower levels

Zcash (ZEC) was unable to surpass the $520‑$550 resistance band for a second time and pulled back to roughly $385, reviving a bearish double‑top pattern. Analysts note the current price around $411.72 and cite $428 as the next key resistance; a breakout could reignite buying, while a failure would likely keep the coin in a declining range. Technical gauges such as the RSI near 39 and a weak but improving MACD suggest limited buying pressure. Support zones near $300 and $361.92 are highlighted as potential floors if the price continues downward.