Recently, the trend of ZEC is worth careful analysis. From the current market situation, although the price is moving upward, the internal structure is a bit interesting—this is quite common in technical analysis, where the apparent upward movement and the actual capital flow seem to be mismatched.

Specifically, there are several key resistance levels to watch closely:

**Upper Resistance Zone**: 457.63-476.76 is the first obstacle, followed by 500.04-509.09. The significance of these levels is that historically, each time the price reaches here, it encounters noticeable selling pressure. It doesn't mean it must fall immediately, but these are areas where pullbacks are likely.

**Lower Support Levels**: For a safe defensive position, 384.53-391.27 is the first line, with another at 332.62-340.73 below. If the 384 support is effectively broken, that could signal the start of a genuine decline.

From a game theory perspective, the current possible directions roughly fall into three scenarios:

1. Testing the upside—pushing up near 457 and then suddenly dropping, making it hard for traders to chase;
2. Breaking through directly—decisively falling below 384, forcing holders to realize losses;
3. Range-bound oscillation—repeatedly bouncing between 457 and 384, exhausting traders' patience.

**Key Advice**: In such uncertain market conditions, risk management is more important than aggressive pursuit. Blindly chasing highs can easily turn you into a bagholder. It's better to identify where the key levels are on both sides first, then decide your trading rhythm accordingly. Especially for short-term traders, setting proper stop-loss points will help you sleep better at night.