🔥 $ZBT : Crazy breakout — point for short?
Timeframe: 1H
After a sharp upward impulse, ZBT/USDT found itself in the zone of extreme overbought conditions. The price has significantly moved above the EMA, and the oscillators signal a possible cooling. In such conditions, the market often provides a corrective move, making the current area interesting for searching short positions.
📊 Brief on indicators:
EMA (21/50/99): price is far above — market overheating
RSI(14): 84.53 — extreme overbought
MACD: in the bullish zone, but the momentum is slowing down
Stochastic RSI: 96 — possible reversal nearby
🎯 Trading plan:
Main scenario — SHORT from the upper levels.
Expecting a local correction after an impulsive rise.
Targets:
1. 0.0872 (≈ –2.7%)
2. 0.0850 (≈ –5.4%)
3. 0.0810 (≈ –10.0%)
Entry:
Conservative: ~0.0890 after confirmation of reversal (RSI / candlestick signal)
Aggressive: from a pullback to 0.0920 with quick position control
🛑 Stop-loss:
0.0935 (≈ +4% from entry zone)
📌 Conclusion:
ZBT/USDT looks overbought after a sharp pump. When confirmations of weakening momentum appear, a short from the current zones seems justified, with clear risk management and phased profit fixation. We work carefully and strictly according to the plan. 🚀📉
Spot 👉$ZBT
