$ZKC /USDT โ€“ OVERSOLD PRESSURE BUILDING, POSSIBLE DEAD-CAT BOUNCE OR FURTHER SLIDE? ๐Ÿ”ป

$ZKC/USDT has been in a steep downtrend, falling from $0.93 highs to $0.57 now (-13% today). RSI on the 4H is extremely oversold at ~15, indicating heavy selling pressure but also suggesting the possibility of a short-term relief bounce. If $0.5660 support fails, the next zone lies near $0.54โ€“$0.50. Bulls will need a break back above $0.63 to signal any reversal.

๐Ÿ”นTrade Setup:

Entry (Short): $0.580 โ€“ $0.600 on weak rallies

Take Profit (TP): $0.540 / $0.500

Stop Loss (SL): $0.640

(Aggressive traders may look for a speculative long near $0.550 with tight SL below $0.520 for a bounce play.)

๐Ÿ”นMarket Outlook:

Overall trend remains bearish with lower highs and lower lows. Watch for a reaction at $0.55โ€“$0.56 support; a bounce could give a quick relief rally, but breakdown continues the bearish leg lower.

#ZKCUSDT #BearishTrend #CryptoAnalysis #Oversold #AltcoinWatch

buy and trade here on $ZKC