$ZBT faced strong resistance near the top after an impressive rally.
After a powerful move from around $0.098 to $0.130, the price is now entering a healthy retest and correction phase.
This pullback is normal after such a strong breakout and will decide the next direction.
Key levels to watch:
Support Zone: $0.122 - $0.120
Major Support: $0.110
Resistance: $0.130
If buyers defend the support area and reclaim $0.130, the next targets could be:
$0.135
$0.142
$0.150+
However, losing the support zone could lead to a deeper correction before the next move higher.
For now, bulls still have the advantage, but the market is waiting to see whether this is just a retest or the start of a bigger pullback.
$ZBT
After a powerful move from around $0.098 to $0.130, the price is now entering a healthy retest and correction phase.
This pullback is normal after such a strong breakout and will decide the next direction.
Key levels to watch:
Support Zone: $0.122 - $0.120
Major Support: $0.110
Resistance: $0.130
If buyers defend the support area and reclaim $0.130, the next targets could be:
$0.135
$0.142
$0.150+
However, losing the support zone could lead to a deeper correction before the next move higher.
For now, bulls still have the advantage, but the market is waiting to see whether this is just a retest or the start of a bigger pullback.
$ZBT