Zebec Network (ZBCN) is currently priced at $0.0037411, reflecting a 5.94% decline over the last 24 hours. The price has fluctuated within a daily range of $0.00367278 to $0.00402772, indicating short-term volatility amidst a downward trend.

Trading volume stands at 16,327,367, with a volume-to-market cap ratio of 5.04%, suggesting moderate trading activity relative to its market capitalization. The moving averages across various time frames are predominantly negative, with the 8 SMA at $0.0039 down 3.77% and the 144 SMA at $0.0042 down 10.55%, signaling bearish momentum.

The 1-hour Relative Strength Index (RSI) is at an extreme 23, indicating oversold conditions in the short term. In contrast, the 7-day RSI of 47 suggests that ZBCN is approaching a neutral position, which could indicate potential stabilization if buying interest emerges.

Over the last week, ZBCN has decreased by 6.79%, and its 14-day price change is a substantial decline of 23.51%. However, it has shown resilience over the past 30 days, with a notable increase of 35.63%, indicating potential for recovery in the longer term if current bearish trends stabilize.

The asset's all-time high of $0.00700261, reached on May 30, 2025, offers a significant resistance level to watch, with current prices well below this mark. Given the prevailing downward momentum and the indicators showing oversold conditions, the market sentiment appears weak, but the recent positive 30-day performance might suggest a potential turnaround.

Considering the current bearish trend, the high volatility, and the oversold status indicated by the RSI, a Hold rating is advised. This position allows for observation of market developments that could trigger a reversal while avoiding immediate exposure to further declines.