Zcash price tests $200 support after 8.29% daily drop and shrinking buy-side liquidity

Zcash's price fell 8.29% to around $207 after being rejected at $251 and losing the $250 support, putting the $200 level at risk. On-chain and market data showed rising sell-side volume, negative demand indicators, and reduced buy-side liquidity, while some exchange outflows signaled dip-buying that could help ZEC reclaim resistance near $238 or, if selling persists, slide towards $185.