$ZBT /USDT TECHNICAL ANALYSIS – BEARISH PRESSURE DOMINATES
$ZBT /USDT is showing signs of short-term weakness after hitting a 24h high of 0.4166 and currently trading at 0.3575. The price is slightly below its 7-period MA (0.3587) and 25-period MA (0.3665), indicating bearish momentum is building. Recent trading volume of 120.82M ZBT suggests strong activity, but the downward move of -8.82% signals selling pressure is prevailing.
Support is observed near 0.3146, which aligns with the 24h low. Any breach below this level could accelerate a further decline toward 0.27–0.30. Conversely, resistance sits at 0.3665 (MA25), followed by the intraday high of 0.4166. Price action shows that ZBT is struggling to maintain above key moving averages, reflecting cautious investor sentiment.
Momentum indicators reinforce the bearish outlook. The negative shift below short-term moving averages, combined with high trading volumes during the dip, suggests sellers are controlling the market. Traders should watch for a potential rebound if price holds above support or a breakdown that could trigger a stronger downtrend.
Key Levels to Watch:
Resistance: 0.3665 (MA25), 0.4166 (24h high)
Support: 0.3573 (current pivot), 0.3146 (24h low), 0.2705 (psychological floor)
In summary,
$ZBT /USDT is under short-term bearish pressure, testing critical support zones. Traders should be cautious and monitor price action near 0.3146 for either a rebound or continuation of the downtrend.
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