Zebec Network on the Verge of Breakout: Vertical Accumulation Phase Eyes New All-Time Highs
Zebec Network is exhibiting signs of robust vertical accumulation, setting the stage for a potential breakout beyond its previous all-time high. The bullish trend remains intact, characterized by a clear structure of higher highs and higher lows.
The asset has formed an aggressive bullish trend since reclaiming multiple critical levels on the chart, which began with a swing low at daily support. Since then, Zebec Network has consistently printed higher highs and higher lows, confirming a strong bullish market structure.
Key Technical Points
- Bullish Market Structure: Higher highs and higher lows remain intact.
- Accumulation Channel: Vertical structure supported by 0.618 Fibonacci on corrective retests.
- Breakout Target: Above weekly resistance into new all-time highs.
The rally began when Zebec Network found support at a daily level below the value area low, forming the swing low that marked the base of this rally. Once the value area low was reclaimed, bullish structure became dominant, and price quickly accelerated through the point of control. That was followed by a reclaim of the value area high, where price is now hovering.
This rally has formed a vertical accumulation structure, which from a technical standpoint resembles a projected ascending channel. As long as price respects the lower boundary of this structure, particularly the 0.618 Fibonacci retracement level on corrective moves, the bullish trajectory remains valid. These levels serve as critical supports within the larger trend.
Zebec Network is now approaching weekly resistance near its previous all-time high. If volume supports the move and structure remains intact, the next leg higher is likely to target new price discovery zones. This move is heavily dependent on the behavior of the volume profile, which currently shows a decline — a typical sign that a volume influx may be imminent.
Historically, volume contraction within strong bullish structures often precedes explosive moves, particularly when consolidation occurs near resistance. Once bullish volume returns, it must remain elevated to sustain a breakout and push price into uncharted territory.
From a structural standpoint, even with short-term corrections, Zebec Network remains extremely bullish. Price has respected all key support zones and continues to move within the upward-sloping accumulation channel. Unless the structure is broken, the technical outlook favors continuation toward new all-time highs.
What to Expect in the Coming Price Action
Zebec Network is trading within a bullish vertical accumulation structure. If support holds and volume returns, expect a breakout above weekly resistance and a continuation to new highs. Structure remains bullish.