Technical analysis by The_Alchemist_Trader_ about Symbol ZBCN: Buy recommendation (8/29/2025)

ZBCN price action is consolidating at a critical daily support zone, a level reinforced by the value area low and the 0.618 Fibonacci retracement. This region has already been retested multiple times, highlighting its importance as a structural pivot. Despite the repeated pressure, bulls remain in control as long as this support is maintained. A sustained defense could provide the catalyst for continuation higher. ZBCN Price Technical Points: - Daily Support Zone: ZBCN is trading at daily support aligned with the value area low. - 0.618 Fibonacci Confluence: Price action has breached this level intraday, but bulls continue defending it. - Volume Confirmation Needed: A rally requires bullish inflows to reverse the current volume decline. The daily support zone currently being tested by ZBCN is critical for maintaining its bullish trajectory. Its alignment with both the value area low and the 0.618 Fibonacci retracement creates a high-confluence region. Price briefly breached this level on a closing basis, but the market has so far failed to generate follow-through selling pressure, suggesting that buyers remain active. From a structural perspective, this support test provides an opportunity for another higher low to form. Such retests are often healthy within bullish trends, as they confirm the strength of demand zones. However, the absence of volume confirmation is concerning. A clear decline in the volume profile suggests that participation is thinning, which may delay a strong upside reaction until inflows return. For ZBCN to initiate a move toward its all-time high, volume will be the decisive factor. Strong bullish inflows paired with decisive candles are necessary to confirm conviction and momentum. Without this validation, the market risks extended consolidation around the current level, testing the patience of participants before a breakout occurs. What to expect in the coming price action: If ZBCN holds the current daily support and volume inflows return, the probability of a rotation toward the all-time high increases significantly. Failure to attract demand could see price stall or retest lower supports.