Zebec Network (ZBCN) is currently trading at $0.0029331, reflecting a 3.742% decline over the last 24 hours. The price has fluctuated between a daily high of $0.00306204 and a low of $0.00293607, indicating a narrow range of just $0.00012597.

The trading volume stands at 12,739,888, translating to a volume-to-market cap ratio of 4.53%, suggesting a moderate level of trading activity relative to its market capitalization. The hourly moving averages show bearish momentum, with the 8 SMA at $0.0030 down 2.57% and the 144 SMA at $0.0032 down 7.98%, reinforcing the downward trend.

The 1-hour RSI is at 43, indicating that the asset is nearing oversold conditions, while the 7-day RSI is at 44, suggesting a weak momentum trend. In the past week, ZBCN has decreased by 6.14%, but it shows a slight positive change of 0.15% over the last 14 days, contrasting with a significant drop of 21.41% over the past 30 days.

ZBCN's all-time high remains significantly above the current price at $0.00700261, which was achieved in May 2025. This gap suggests that the asset has room for recovery but also highlights the challenges in regaining previous levels amidst current bearish sentiment.

Given the recent price declines, bearish moving averages, and RSI indicators hovering near oversold territory, ZBCN appears to be in a consolidation phase. However, the lack of significant upward momentum and the ongoing price weakness indicate that a strong rebound is not imminent.

Rating: Hold. The current market conditions do not support a bullish outlook in the short term, and while the potential for recovery exists, the risks outweigh the benefits at this moment.