Market Overview for ZEROBASE/USDC on 2025-11-10

Generated by AI AgentTradeCipherReviewed byAInvest News Editorial Team
Monday, Nov 10, 2025 3:04 am ET1min read
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- ZBTUSDC opened at 0.1663, peaked at 0.171, and closed at 0.1644 on 2025-11-10, forming a bearish reversal pattern with confirmed volume.

- Technical indicators showed a bearish MACD and rising volatility, with RSI not signaling overbought/oversold conditions despite price oscillations between 0.1643-0.1710.

- Turnover reached $10.6 million, peaking at 0.1710, indicating short-term profit-taking as Fibonacci levels suggested potential support retests below 0.166.

- Historical MACD Death Cross backtests since 2022 showed negative median returns (-3% by day 14) with declining reliability, reinforcing cautious bearish momentum for the next two weeks.

Summary
• Price opened at 0.1663 and reached a high of 0.171 before closing at 0.1644.
• A bearish reversal pattern formed near the 0.171 peak, with volume confirmation.
• Volatility expanded as price oscillated between 0.1643 and 0.1710, indicating uncertainty.
• RSI showed no overbought/oversold signals, while MACD turned bearish on the daily timeframe.
• Turnover totaled $10.6 million with a peak at 0.1710, suggesting short-term profit-taking.

ZEROBASE/USDC (ZBTUSDC) opened at 0.1663 on 2025-11-10 and reached a high of 0.171 before closing at 0.1644 at 12:00 ET. The total volume for the 24-hour window was 660,907 units, translating to a notional turnover of $10.6 million, with the highest activity observed during the early morning hours of November 10.

On the 15-minute chart, a key resistance level formed at 0.171, marked by a bearish reversal candlestick pattern. A bearish engulfing pattern confirmed the breakdown, while support levels at 0.166 and 0.165 held briefly in the later hours. The 20-period and 50-period moving averages have crossed into a bearish crossover, suggesting further downward pressure in the near term.

Price remained below its 20-period moving average for much of the session, with Bollinger Bands showing a moderate expansion, indicating rising volatility. The asset hovered near the lower band during the late afternoon and early evening, hinting at oversold conditions. However, RSI did not enter overbought territory, and the MACD histogram turned bearish, especially on the daily timeframe, reinforcing a weak momentum outlook.

The Fibonacci retracement levels drawn from the 0.1663–0.171 swing indicated potential support at 0.168 (38.2%) and 0.166 (61.8%). The price dipped below the 61.8% level during the overnight hours, suggesting a possible retest of the 0.164–0.165 range in the next 24 hours.

The Backtest Hypothesis draws from historical MACD Death Cross events on ZBTUSDC since 2022. Over 49 occurrences, the median performance was negative, with returns typically bottoming near –3% by day 14, followed by a modest recovery. The win-rate fell from 59% on day 1 to ~33% by day 30, indicating waning reliability. While the pattern showed initial bearish momentum, it lacked statistical significance at 95% confidence, suggesting it’s not a consistently exploitable signal. This aligns with today’s bearish momentum and supports a cautious approach for the next two weeks.