🚀 ZBCN Market Update – Holding the Line! 🚀
ZBCN is currently hovering around 0.00099, just below the key 0.00100 support level. The price action shows a strong fight to maintain this area, with alternating red and green candles, signaling that buyers are defending the zone.
📊 Key Levels to Watch
🔹 Support: 0.00100 (Psychological and structural support)
🔹 Resistance Targets:
0.00145 (Neckline of a potential double-bottom pattern)
0.00200 (Breakout target for a 100% potential move)
🛠 Technical Outlook
✅ Bullish Case: If ZBCN stays above 0.00100 for two consecutive green candles, it could break out towards 0.00145, setting the stage for a major rally.
❌ Bearish Case: A break below 0.00100 with two consecutive red candles could invalidate the bullish setup and lead to further downside.
⏳ What’s Next?
ZBCN has been moving sideways for eight days, consolidating for a potential move. Watch for a breakout above 0.00100, which could trigger a strong upward momentum towards 0.00145 and beyond.
📈 Will ZBCN hold the support and surge, or is more consolidation ahead? Drop your thoughts below! ⬇️
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