Zcash (ZEC) Price Chart Screams a Bull Trap With 30% Crash Risk

The Zcash (ZEC) price action shows signs of a bull trap forming after a sharp rebound. The token fell to $120 on October 7 before rallying close to $185 within hours — a nearly 55% rise. It now trades around $171, and while many traders may think the correction phase is over, on-chain and technical signals suggest the opposite. Big Money Is Exiting While Leverage Builds Up The Zcash price is showing early signs of exhaustion as large money inflows start to fade source: https://beincrypto.com/zcash-price-bull-trap-downside-risk/