Zcash (ZEC) is under significant pressure, trading between $225 and $205, with the risk of a drop to $120 if key support fails. The cryptocurrency has lost approximately 62% year-to-date, and technical indicators such as the Money Flow Index (MFI) at 18 and the Relative Strength Index (RSI) below 50 suggest continued bearish momentum. The current trading range has previously acted as support, but a breakdown could lead to further declines. Traders are advised to monitor these levels closely, as a failure to hold could accelerate losses. While minor rebounds are possible due to liquidity clusters, the overall risk remains high, and strong buying strength is needed to reverse the trend.