ZetaChain dropped 6.57% in the last 24h, even as the wider crypto market fell less. The price is now below all major moving averages, and the RSI is close to oversold, which shows weakness but no clear bounce yet. Losing the $0.077 support likely triggered stop-loss selling, and low volume suggests buyers are still hesitant. That said, the ongoing Bitget TCC Phase 21 could help improve volume, as some users are positioning early to collect BGB, which they see as a longterm play due to its potential.
Another reason for the drop looks like profit-taking after the ZetaClient upgrade on 25 Nov. Many traders probably bought ahead of the update and sold once it went live, especially since there hasn’t been a clear jump in developer activity or usage yet. This cooled expectations and pushed prices lower. Short term, the big level to watch is $0.07. If ZETA can hold that and start showing real growth, like higher usage or TVL from new integrations it could help sentiment improve again. What's your take.?
https://coinmarketcap.com/currencies/zetachain/
