ZKJ yesterday peaked at a rebound of 0.47
Reference OM and ACT
OM plummeted that night and rebounded to a maximum of 1u, 1u became the peak that OM could never return to, turning into a resistance level.
After a sharp drop, ACT rebounded to a maximum of 0.63u, and ultimately rose to a maximum of only 0.8.
Therefore, the peak of an oversold rebound after a sharp drop often becomes the future resistance level for the coin, and it may never reach that level again.
ZKJ can refer to this; 0.47, which is around 0.5, will become a resistance level. If ZKJ rebounds to above 0.4, it will be a very good short position.
