$ZBT – Overextension short setup

Short Bias

Price is heavily extended after a strong run, with signs of overvaluation building. The gap between circulating market cap and fully diluted valuation suggests potential downside risk as supply pressure increases.

➡️ Momentum is slowing after the pump

➡️ Distribution phase likely starting

➡️ Sellers may step in as liquidity thins

Adding to short positions here aligns with a potential correction move if structure weakens.