Why price can break through resistance

Zebec continues to show strong technical structure, retrievances significant levels and trends its swing towards high. The market structure remains rapidly, which is supported by cultural high and high climbing.

Summary

  • ZBCN is showing a rapid market structure with consulted high and high Flos after a successful retst.
  • The price price area is high, reaching close to a major resistance level.
  • A reclaim swing can move up and beyond a reclaim swing supported by Strange Volume.

ZEBEC (ZBCN) has gained constant speed after the rapid running of its breakout zone, which leads to re -attainment of value. The price is now moving towards the price area, showing the structure strength despite the comprehensive market situation. Since exiting its former border, the tokens have continued to form high and highloses – supporting rapid bias in the current market cycle.

Major Technical Points:

  • Rapid structure intact: Cultural high and high climb after a confirmation
  • The main resistance in the price area is high: Removing this level can open the way for swing high
  • Volume Watch: Slight influx, but continuous quantity required for constant speed
Zbcnusdt (1D) chart, source: tradingview

The breakout from the previous range caused a boom after this obes, ZBCN began to undergo a natural pullback and fulfilled the successful recovery of support. The Retest triggered a strong rapid response, resulting in a re -recurrence of the price area low, a technical signal that demands the demand.

Currently, the price is progressing the price area at a higher level. This area will serve as the next significant resistance and potentially in the form of launchpad for the next leg. If ZBCN can retrieve this area on a daily closing basis, it will continuously indicate the power of the buyer and increase the possibility of a push towards the previous swing height and powerful beyond.

There is an ISA volume profile to closely monitor. While there are modest utters, the volume remains under the levels, usually a constant breakout is seen drowning. The price area is likely to flow strong volume at the price starting with volume nodes above the area. To keep the rapid structure valid, the volume must follow the value, strengthening the demand as tokens grow higher.

If ZBCN is re -attained the value is high, but fails to follow the volume, there is a risk of a fake. This will prefer results in a short-rejection and rotation with a price area. However, as long as the major contacts to maintain their current structure of high and high, the comprehensive tendency remail bullish.

What is expected in the upcoming price action:

The next step of ZBCN rests from a successful repetition, which sets the stage a rotation back triad swing to high and move forward.

Failure to maintain above the price area can cause a temporary rejection, but the market structure remains rapid until the high pattern is broken.

Disclosure: This article is not DOS representative investment advice. Materials and materials are painted on this page, only for education.

Related posts

Lubian suffers in silence because Arakham exposes Crypto hack

Elon Musk made chilling question -quantum computer hack bitcoin?

Bitcoin Stumble, Coinbase Mrs., and Stabelcoin Regulation Benefits Speed | Weekly repetition