Horizen/Bitcoin (ZENBTC) ended its 24-hour trading session at $0.00011221, reflecting strong bearish momentum. The pair traded between $0.000125 and $0.00011028, breaking key support levels and forming a bearish engulfing pattern. This resulted in a 12.6% drop within five hours, with volatility increasing as Bollinger Bands expanded and the price frequently hit the lower band. Despite the RSI entering oversold territory, it failed to generate buying interest. The 15-minute chart showed a bearish engulfing pattern at 16:15 ET, followed by a series of lower highs and lows. Trading volume spiked early in the session, with the largest candle at 02:45 ET recording 990.58 ZEN at $0.00011462. The total 24-hour trading volume was 6,853.65 ZEN, with a nominal turnover of $0.765.