Technical analysis by Mike-BTD about Symbol ZBCN on 11/30/2025

ZBCN continues to drift inside a clear descending channel, but price is now pressing into a major historical demand zone backed by strong VPVR support. Key points: • The macro downtrend is still intact, but sellers are losing momentum as price approaches the lower range. • Multiple demand bands sit below, with the largest liquidity shelf aligned with the long-term accumulation zone that previously triggered strong reversals. • Momentum indicators are bottomed out and beginning to turn. • Prior oversold signals in this region have resulted in significant upside moves. • Money flow and momentum are stabilizing. What I’m watching: A sweep or retest of the lower yellow zone could be the final accumulation opportunity before a trend shift. A breakout above the descending trendline would confirm a momentum reversal. Risk remains while price trades inside the channel, but the reward profile improves the deeper it moves into support. The accumulation area is clear. The reversal depends on how price reacts here.