$ZBT
USDT Bearish Breakdown from 0.1620 Supply Zone
Technical Analysis:
$ZBTUSDT rejected sharply at the 0.1620–0.1621 supply after a brief bounce from 0.1521 lows. The 4H chart shows a failed retest of the descending trendline with a strong red impulse candle breaking below 0.1550 demand on moderate volume (20.02M ZBT). New DeFi launch shows classic post-hype dump — price now consolidates under key support. RSI neutral but bearish divergence; momentum favors sellers. Next target: 0.1450–0.1500 retest.
Trade Setup:
Entry range: 0.1540 – 0.1560
Target 1: 0.1500
Target 2: 0.1450
Target 3: 0.1400
Stop loss (SL): 0.1630
Short Outlook:
The Bearish trend dominates post-launch. ZBT airdrop hype fades — expect continuation lower unless 0.1620 reclaims as support. High-risk new token; short on bounces.