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BitWitchX
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#CHESS
BULLISH
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CHESS
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The ZKC 1-hour chart illustrates a potential bearish continuation pattern following a long consolidation phase. The price has been trading within a narrow range between the marked support and resistance zones, showing weak bullish momentum after a significant prior downtrend. The projected blue arrow suggests a possible breakdown below the support level near the $0.31–$0.32 region. If this support fails to hold, it could trigger further downside movement, with potential targets near the $0.27–$0.28 area. The slight upward retracement shown before the projected drop indicates that a retest of the broken support as new resistance might occur before the next leg downward. Traders should monitor volume and price action closely to confirm the breakout direction before taking positions. Disclaimer: This analysis is for educational and informational purposes only and should not be considered financial advice. Always do your own research before trading or investing. $ZKC #Boundless @Boundless
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