Zerobase Price Crash After Rally: Why ZBT Fell and What Comes Next?
Zerobase (ZBT) experienced an 18% drop in the last 24 hours, despite a 121% weekly gain. The decline reflects profit-taking after a parabolic rally from $0.08–$0.10 to nearly $0.19, with trading volume exceeding $369 million. Speculative activity and broader market weakness contributed to the sell-off.
Chart analysis reveals a bull flag pattern, signaling a controlled pullback rather than a breakdown. The flagpole formed during the sharp ascent, while the flag itself emerged as prices cooled to $0.16. Volume contraction during the retracement aligns with typical consolidation behavior.