Zebec Network (ZBCN) has struggled with price around the support level of approximately $0.004. On June 16, as Bitcoin rose to $108,000, ZBCN attempted a rebound. The key Fibonacci retracement support levels are $0.00395, $0.00318, and $0.00209. Despite bullish signals such as the Supertrend indicator and CMF showing inflows, demand has slowed, and trading volume has decreased since the end of May. Over the past ten days, ZBCN's price has fluctuated between $0.00392 and $0.005, with recent selling pressure. The range low of $0.00395 is crucial for defense, especially as Bitcoin stabilizes below $105,000, which may lead to a price rebound. Traders may look for potential bullish opportunities within this range. The above information is for reference only and does not constitute investment advice.

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