ZEC has fallen below the $500 mark, experiencing a decline of over 15% following bearish technical signals. A daily death cross has formed, with the 5-day moving average crossing below the 30-day moving average, a pattern not seen since ZEC's rally in September. Additionally, the 12-hour Commodity Channel Index (CCI) has dropped below -100, reinforcing the bearish outlook. Key support is identified at $470, with potential further decline to $430 if this level is breached. Resistance is noted at $540, marking the upper boundary of a descending triangle pattern.