ZEC: Garrett Jin Closes $11.24M Short

Garrett Jin closed his ZEC short position for an $11.24M profit while ZEC traded at $415.81.

Price sits below EMA50 at $468.7 and EMA200 at $498.64 in a bearish structure yet MACD registers a bullish golden cross at -26.88. With RSI(14) neutral at 47.38 and price inside Bollinger Bands, upper resistance rests at $486.24 while lower support holds at $280.13. A test of the upper band could trigger a retracement toward the 50-EMA before any continuation. Traders tracking ZEC price prediction now weigh this move against broader crypto market crash signals and potential AI industry impact on risk assets.