ZBCN is trading above its long-term accumulation range, but faces key resistance at the point of control. A volume-backed reclaim could trigger a breakout toward new all-time highs.
Zebec (ZBCN) has pushed above its multi-month accumulation range and is now attempting to solidify a bullish retest of the range high. While this is typically a positive signal for continuation, ZBCN is facing immediate resistance from the point of control (POC) — the region of highest traded volume within the current structure. Until price breaks and reclaims this level, a full bullish breakout remains on hold.
Key Technical Points:
-Trading above long-term accumulation range – Breakout confirmed, but must hold to remain valid
- Point of control acting as resistance – Volume-heavy region currently capping upward momentum
-Retest of range high is critical – Needed to avoid swing failure and confirm bullish structure
From a technical standpoint, the range high — which served as resistance during the accumulation phase — now needs to be flipped into support. A successful retest and reclaim of this level will confirm it as a new demand zone. This would provide the structural foundation for a stronger move upward, especially if it is followed by a breakout through the point of control.
However, if ZBCN fails to reclaim the POC and volume continues to decline, there is a risk of a swing failure pattern (SFP) forming at the range high. This could lead to a temporary breakdown before another attempt to move higher. A sweep of the recent swing low may occur as part of this rotation, but if the market structure holds and buyers return, this could also serve as a bottoming formation and setup for renewed upside momentum.
The broader outlook remains bullish, provided price can stay above the previous accumulation range. But the next key step in the trend progression is a decisive break and hold above the POC with strong volume. If this occurs, it would unlock the potential for a move to new all-time highs, as there is little historical resistance above the current zone.
ZBCN needs to confirm its bullish structure by reclaiming the point of control with volume support. If it can successfully retest the range high and avoid a swing failure, the stage is set for continuation toward price discovery. Until then, short-term volatility around the range high and swing low levels is expected.
Zebec (ZBCN) has pushed above its multi-month accumulation range and is now attempting to solidify a bullish retest of the range high. While this is typically a positive signal for continuation, ZBCN is facing immediate resistance from the point of control (POC) — the region of highest traded volume within the current structure. Until price breaks and reclaims this level, a full bullish breakout remains on hold.
Key Technical Points:
-Trading above long-term accumulation range – Breakout confirmed, but must hold to remain valid
- Point of control acting as resistance – Volume-heavy region currently capping upward momentum
-Retest of range high is critical – Needed to avoid swing failure and confirm bullish structure
From a technical standpoint, the range high — which served as resistance during the accumulation phase — now needs to be flipped into support. A successful retest and reclaim of this level will confirm it as a new demand zone. This would provide the structural foundation for a stronger move upward, especially if it is followed by a breakout through the point of control.
However, if ZBCN fails to reclaim the POC and volume continues to decline, there is a risk of a swing failure pattern (SFP) forming at the range high. This could lead to a temporary breakdown before another attempt to move higher. A sweep of the recent swing low may occur as part of this rotation, but if the market structure holds and buyers return, this could also serve as a bottoming formation and setup for renewed upside momentum.
The broader outlook remains bullish, provided price can stay above the previous accumulation range. But the next key step in the trend progression is a decisive break and hold above the POC with strong volume. If this occurs, it would unlock the potential for a move to new all-time highs, as there is little historical resistance above the current zone.
ZBCN needs to confirm its bullish structure by reclaiming the point of control with volume support. If it can successfully retest the range high and avoid a swing failure, the stage is set for continuation toward price discovery. Until then, short-term volatility around the range high and swing low levels is expected.
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Join the Free Trading Group
Telegram: t.me/freetradingden 🔥
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Trade with perks & support the community!
blofin.com/invite/alchemisttrader 🎁
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Telegram: t.me/freetradingden 🔥
Unlock Blofin Bonuses
Trade with perks & support the community!
blofin.com/invite/alchemisttrader 🎁
Stay sharp, trade smart.
— Team The Alchemist ⚔️
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.