Market Pulse: $ZKC Analysis

ZKC/USDT: Oversold Bounce in Play

After a severe downtrend, ZKC shows signs of potential recovery as technical indicators hint at oversold conditions.

📊 Technical Snapshot:

· Price Action: Trading at 0.5735, caught between key EMAs

· Critical Resistance: 0.6050-0.6053 (EMA25/99 confluence)

· Strong Support: 0.5490-0.5550 (multi-timeframe floor)

· Momentum: MACD turning positive on 4H/1H, signaling potential shift

· Key Alert: Daily RSI at extreme oversold (25.28) - bounce potential high

🎯 Key Levels to Watch:

· Breakout Level: 0.6050 - Clearance could trigger move to 0.6500+

· Breakdown Level: 0.5490 - Loss targets 0.5200-0.5400 zone

· Immediate Range: 0.5550 - 0.5950 (consolidation zone)

💡 Trading Insight:

The extreme daily RSI reading suggests ZKC is due for a technical bounce. However, the bearish structure remains until 0.6050 is reclaimed. Watch for volume expansion on any breakout attempt.

⚡ Trading Bias: CAUTIOUSLY BULLISH (for bounce)

· Confirmed Bullish above: 0.6050

· Bearish invalidated below: 0.5490

Extreme volatility asset. Position size carefully and use strict risk management.

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