Zcash price rebound puts $900 resistance in play

Zcash price rebounded toward $847 on Sept. 3 after buyers defended the $780–$800 liquidity zone, but overbought momentum and heavy leverage leave ZEC exposed to another sharp swing. Summary Zcash price recovered nearly 4% on the daily chart after briefly falling toward $780. ZEC remains above its 20-, 50-, 100-, and 200-day moving averages. Daily RSI stands near 70, showing that the broader rally remains overextended. Liquidation clusters sit near $870–$890 above price and $780–$800 below it. Zcash price rebounds after testing $780 According to data from crypto.news, Zcash (ZEC) price traded near $847 at the time of writing, recovering from an intraday low around $804 and extending a rebound that began after buyers stepped in near $780. The daily candle showed a gain of roughly 3.8%, reversing part of the previous session’s decline. The recovery follows a volatile pullback from the $880–$890 area. ZEC had climbed rapidly from approximately $500 in the second half of August, with the advance accelerating once it cleared the previous resistance zone near $600. Profit-taking emerged after the price reached an eight-month high close to $890. ZEC subsequently fell toward $780 before sta...