ZBT Spot Market Deep Analysis | Technical Surge but Caution Needed for Pullback Risk

ZBT has indeed gained popularity recently. The price surged over 35% within 24 hours to $0.1240, with a beautiful candlestick pattern, EMA bullish crossover combined with a fully green MACD indicator, and solid funding sentiment. However, behind this rally, some details need close attention.

First, the positive side. Zerobase officially announced that ZBT Tickets have entered the second phase of pricing, indicating ongoing project iteration and token functionality expansion. More interestingly, on-chain data shows a large wallet associated with the team has accumulated 61 million ZBT, worth approximately $4.44 million. Recent total inflows reached $405,149, suggesting that institutions or major players are quietly positioning.

But turning to the risks — this is a bit concerning. The RSI indicator has soared to 90.05, firmly in overbought territory. The price has already touched the upper Bollinger Band, and based on historical experience, such levels are prone to rapid pullbacks. Some analysts also point out that the $0.11 to $0.12 range faces strong resistance; if it cannot be broken effectively, a short-term correction is highly probable.

Community opinions are divided into two camps. The bulls are cheering and optimistic about further gains; however, some are raising alarms — suggesting short-term weakness, capital withdrawal, and bearish divergence in RSI, all signals to watch carefully. Experienced traders often consider reducing positions or setting stop-loss orders at this point.

Overall, ZBT's fundamentals are improving, but the technicals have stretched quite a bit. A correction is likely in the short term. Those wanting to participate should be mentally prepared for a pullback.