$ZEC finally drops from $1,348 to $1,230, but my short is still far underwater. đ© My entry was $816, and this pullback barely helps. Resistance sits near $1,320, with support around $1,200. All eyes are on tomorrowâs CPI data. Hot inflation could push ZEC below $1,200 toward $1,050, while softer data may trigger a bounce toward $1,320. For now, this looks more like profit-taking before CPI than a confirmed trend reversal. Being stuck in a short is exhausting.