$ZK BEARISH BREAKDOWN WITH POSSIBLE SHORT SETUP

🔻 Current Price: $0.3096

📉 24H Change: -84.26%

📊 24H High / Low: $1.9870 / $0.2530

📈 Volume (ZKJ): 1.25B

📉 Volume (USDT): 532.23M

📍 Breakeven Levels: $0.5850 / $0.5444

📉 MARKET OUTLOOK: BEARISH

The extreme drop of -84% over 24 hours shows a capitulation or major liquidation event. Price is now consolidating around $0.3096 after hitting a low of $0.2530. Despite a small rebound, the trend remains strongly bearish, especially below the breakeven zone.

🔑 KEY LEVELS

Resistance Zones:

$0.4200 – Short-term rejection point

$0.5850 – Breakeven area, strong resistance

$0.9200 – Psychological and supply zone

Support Zones:

$0.2530 – Daily low, immediate support

$0.2000 – Next psychological level

$0.1500 – Final breakdown target if panic continues

💼 TRADE SETUP – SHORT BIAS

If price retests $0.42–$0.50 range and fails, we can expect another leg down.

> 🧨 Short Entry: $0.4200 – $0.4800

🎯 Targets:

TP1: $0.3090

TP2: $0.2530

TP3: $0.2000

🛑 Stop Loss: $0.5850 (above breakeven zone)

🧠 RISK MANAGEMENT

Risk per trade: 1–2% of portfolio

Adjust size due to extreme volatility

Avoid overleveraging – use tight SL

💬 Note: Due to sharp decline and high volume, scalps and shorts are favorable unless it reclaims $0.5850. This is a volatile zone—stay cautious and reactive to momentum shifts.

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