The trend over the last few months shows exhaustion and stagnation below $3.20 MXN. While we can't rule out those surprise moves that used to catch us off guard, recent months are clearly indicating a loss of momentum.
What do you guys think about the outlook? I’ll be reading your comments. 👇
In the last two hours, $ZBT jumped from $3.00 MXN to $3.27 MXN. If it manages to hold above this level, it could be confirming an intraday bullish trend.
$ZBT has surged over 300% in the last 35 days, then experienced a healthy correction with new accumulation levels. No doubt, it's a very interesting asset and one of the biggest WINNERS of recent days.
$ZBT is in an Accumulation Zone, much higher than yesterday's levels, and still very appealing for the price action patterns observed in the last few hours.