Technical analysis by The_Alchemist_Trader_ about Symbol ZBCN: Buy recommendation (8/22/2025)

ZBCN has reclaimed critical support at the 0.618 Fibonacci retracement after breaking out of its local downtrend. With a bullish retest confirmed, the token now faces the Point of Control as the next hurdle before price can accelerate toward its prior swing high and beyond. ZBCN’s price action has shifted momentum after a prolonged local downtrend. This week, the token found support at the 0.618 Fibonacci retracement, a level that often acts as a defining pivot in trend reversals. With a successful reclaim of the value area low, the technical picture is tilting toward the bullish side. Now, the focus turns to the Point of Control (POC), which stands as the decisive level that must be cleared to unleash further upside momentum. Key Technical Points - Major Support: 0.618 Fibonacci retracement level, aligned with this week’s structural low - Bullish Retest: Reclaim of the value area low strengthens the case for upward continuation - Critical Hurdle: Point of Control (POC) remains the barrier before expansion higher ZBCN’s recent breakdown from its local downtrend has been met with immediate absorption at a high-probability support zone. The 0.618 Fibonacci retracement, a level closely watched by traders, has proven to be the defining floor for this week’s price action. This bounce not only established a local low but also reclaimed the value area low, signaling that buyers are stepping back into control. The current challenge lies at the Point of Control, which has historically served as a heavy zone of price acceptance. Unless this level is broken with convincing volume, ZBCN’s momentum may remain capped. However, technical structure now favors the bulls: the downtrend has been invalidated, market structure is shifting, and the consolidation above support suggests accumulation rather than distribution. Volume analysis also supports this thesis. Declining bearish volume during the move into support, followed by stronger bullish reactions, highlights a potential transfer of control. If volume increases during a push through the POC, ZBCN could accelerate quickly toward its prior swing high. Beyond that level, price discovery may extend further, particularly if momentum builds from renewed market participation. What to Expect in the Coming Price Action As long as ZBCN holds the 0.618 Fibonacci retracement as its structural low, the technical outlook favors continuation higher. A clear break and acceptance above the Point of Control would confirm the bullish trend’s next phase, setting up a strong move toward the swing high and potentially into new expansion levels. Conversely, failure to hold the reclaimed support could delay the upside, but for now, the market bias remains tilted toward the bulls.