The analysis focuses on Zcash (ZECUSDT) on a 1-hour timeframe, noting its recent resilience compared to other privacy coins despite broader market unrest. Technically, ZEC is establishing a balance between a main support level at 340 and a main resistance level at 460. The point of control, acting as the first conservative price target, is identified around 410, coinciding with previous monthly and quarterly Volume Weighted Average Prices (VWAPs). Significant support levels are noted at 340-345 (yearly rolling VWAP, value area low), 325 (previous year VWAP), and a strong psychological level at 300 (also the 200 Exponential Moving Average). The speaker anticipates a potential dip to 325 or even 300 before finding stability and moving back into the 340-460 range. The ultimate price target is set at 460, representing the top of the established range, a liquidity gap, and converging 30-day and 90-day rolling VWAPs. Order flow analysis indicates short positions closing and long positions opening, with the Cumulative Volume Delta (CVD) making higher lows, suggesting a potential bottoming process.