$ZK /USDT Market Analysis & Trade Setup
Key Support & Resistance Levels
📌 Resistance Levels:
$0.0666 → Minor resistance (close to current price).
$0.0684 → Stronger resistance, MA(25) zone.
$0.0703 → Bullish breakout level.
$0.0735 - $0.0740 → 24h high zone, major resistance.
📌 Support Levels:
$0.0662 → Current price, weak support.
$0.0652 → 24h low, key demand zone.
$0.0647 → If broken, price could dip further.
Market Trend & Indicators
✔ MA(7) at $0.0663 → Acting as immediate resistance.
✔ MA(25) at $0.0680 → Needs to break for trend reversal.
✔ MA(99) at $0.0693 → Key long-term trend level.
✔ Declining volume suggests fading momentum.
Trade Strategy – Bullish Bias
📈 Long Entry: $0.0652 - $0.0663
🎯 Target 1: $0.0680 (MA(25) resistance)
🎯 Target 2: $0.0703 (bullish confirmation zone)
🎯 Target 3: $0.0735 - $0.0740 (24h high zone, major target)
🛑 Stop Loss: $0.0645
Trade Strategy – Bearish Scenario
📉 Short Entry: $0.0684 - $0.0703 (if price is rejected at resistance)
🎯 Target 1: $0.0666 (first support zone)
🎯 Target 2: $0.0652 (24h low, strong demand zone)
🎯 Target 3: $0.0647 (potential drop zone)
🛑 Stop Loss: Above $0.0735
Market Sentiment & Risk Management
Neutral Zone: Between $0.0652 and $0.0684 (waiting for direction).
Bullish Above: $0.0703 (if volume supports breakout).
Bearish Below: $0.0652 (could drop further).
Decreasing volume suggests lower momentum; a breakout needs strong buying pressure.
Would you like additional indicators (RSI, MACD) for deeper insights?
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