ZBT's recent rebound momentum has indeed attracted quite a bit of attention. A short-term surge of 60% looks good, but a close look at the candlestick pattern reveals some issues. The key resistance level at 0.2010 has never been effectively broken through, and there is a long and uncomfortable upper shadow, indicating that the buying momentum at high levels is clearly insufficient.



What is more worth warning about is the project's fundamental aspects. As a privacy token, its front end was hacked a few days ago, which is already quite embarrassing in terms of security incidents. Now, this wave of rallying is hard not to make people think—this might just be a trap to lure more traders in.

Market signals indicate that the whales are preparing their chips in advance for the large unlock scheduled for next month. Based on this logic, many traders are choosing to place short orders around 0.17, with a stop loss set at 0.21, and the target price below is 0.10. The core idea of this strategy is: resistance above, support below, and the risk zone in between.
ZBT-3,15%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
Blockblindvip
· 13h ago
Bro, I can see clearly through this pump-and-dump scheme. The front end was hacked, and you're still trying to pump? What's your goal?
View OriginalReply0
MetaMaskedvip
· 13h ago
Frontend gets hacked and then pumps the price? That move is brilliant, definitely a classic pump-and-dump scheme.
View OriginalReply0
MevShadowrangervip
· 13h ago
Oh wow, a 60% rebound looks great, but then the long upper shadow? That's a classic trap to lure in buyers, the big players are really playing this move skillfully.
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)