$ZBT coin today $0.0899 (Rs 25.18) is trading and has faced a drop of -6.65% in the last 24 hours.
Sentiment is clearly bearish in the short-term, and the order book is also corroborating this with more control from sellers (55.00%). The first line of support, or the first hope below, is in the area of $0.0893-0.0894**, which is also the 24h low. If this breaks as well, then the next support can be seen around **$0.0885.
Resistance, or the first major hurdle above, has now shifted to around $0.0900-0.0902. Moving averages are also confirming the downward trend. Such corrections are common in DeFi tokens. If you consider this oversold, then wait a bit for confirmation of a strong support break or bounce. Remember, markets move in waves!
