Zcash price holds $1,100 as leverage flush threatens deeper pullback

Zcash price remains under pressure after retreating from its multi-year high, with technical and liquidation data pointing to $1,100 as the key level determining its next move. Summary Zcash price traded near $1,139 after pulling back from a multi-year high close to $1,290. ZEC remains below the 4-hour Supertrend resistance at $1,206 but above support at $1,123. The daily RSI has cooled to 62.38, signaling weaker momentum without confirming a bearish reversal. A break below $1,100 may expose $1,000, while reclaiming $1,206 could reopen the path toward $1,290. According to data from crypto.news, Zcash (ZEC) price traded near $1,139 on Sep. 14 as buyers attempted to stabilize the privacy-focused token following a steep correction from its recent peak. ZEC climbed as high as $1,162 during the latest daily session after opening at $1,062, according to the Binance chart. Despite the intraday recovery, the token remained around 12% below its multi-year high near $1,290. The wider trend remains positive after Zcash rallied from approximately $500 in mid-August. However, its failure to extend the advance above $1,290 and the subsequent swings between $1,050 and $1,200 point to increased pr...