The $ZBT /USDT pair is showing significant volatility today. After a period of cooling off, we are approaching a "make or break" zone.
Key Observations:
Support Zone: Holding steady at $0.061. A bounce here could signal a short-term reversal toward $0.075.
Bearish Pressure: The price remains below the 50-day SMA, indicating that sellers are still in control for now.
RSI Alert: We are seeing an oversold signal on the daily timeframe. Historically, this has led to a relief rally for ZBT.
Trading Plan:
Bullish Scenario: Look for a confirmed breakout above $0.079 with high volume before entering.
Bearish Scenario: If we lose the $0.060 support, expect a slide toward the $0.053 psychological level.
Sentiment: Neutral/Cautious. The market is currently in "Extreme Fear," which often presents a high-risk/high-reward entry for contrarian traders.
Always DYOR!
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