$ZBT /USDT: Impulse breakout from the bottom
The price formed a local bottom at $0.0983 and demonstrated a strong reversal. The asset is currently trading around $0.141.
Key factors:
The cascade of shorts has been successfully removed up to $0.1413. The final liquidity pool of bears remains in the $0.1440 - $0.1490 zone.
Open interest (OI) is growing rapidly (from $67M to $85M), and spot CVD has turned up. The movement is supported by real purchase volumes.
🚦 Trading plan
📈 Entering from current ones is risky due to local overbought conditions. The best option is to work from limit orders on a pullback.
➡️ Entry (Long): $0.1310 – $0.1340 (mirror support level test)
🎯 Take Profits:
TP1: $0.1445 (local high)
TP2: $0.1490 (liquidation zone)
TP3: $0.1600 (medium-term target)
🚫 Stop Loss: $0.1240
The price formed a local bottom at $0.0983 and demonstrated a strong reversal. The asset is currently trading around $0.141.
Key factors:
The cascade of shorts has been successfully removed up to $0.1413. The final liquidity pool of bears remains in the $0.1440 - $0.1490 zone.
Open interest (OI) is growing rapidly (from $67M to $85M), and spot CVD has turned up. The movement is supported by real purchase volumes.
🚦 Trading plan
📈 Entering from current ones is risky due to local overbought conditions. The best option is to work from limit orders on a pullback.
➡️ Entry (Long): $0.1310 – $0.1340 (mirror support level test)
🎯 Take Profits:
TP1: $0.1445 (local high)
TP2: $0.1490 (liquidation zone)
TP3: $0.1600 (medium-term target)
🚫 Stop Loss: $0.1240