$ZKJ Today's Pro Futures Plan for $ZKJ/USDT (17 Jun 2025 | 13:34 UTC)
• Trade Direction: Short (Price rejected from 24h high, trading below MA(20) & MA(200), MACD histogram weak despite recent pump)
• Entry Zone: 0.4100 – 0.4200 (retest of broken support or lower high formation)
• Stop-Loss: 0.4300 (above recent swing high, invalidates bearish structure)
• Risk/Reward Ratio: 1:3 (Stop: 0.0200, Target 1: 0.3900, Target 2: 0.3700)
• Profit Targets:
• Target 1: 0.3900 (psychological support & prior swing low)
• Target 2: 0.3700 (24h low & strong demand zone)
• Exit Strategy: Move stop to breakeven after Target 1, trail below 15m swing highs.
• Strategy Explanation: Downtrend confirmed by price below key MAs, high-volume rejection at resistance. MACD shows bearish divergence.
• Volume Profile: High sell volume near highs, weak follow-through on rallies.
• Leverage Note: Low (2x–3x) due to extreme volatility.
• Market Sentiment: Bearish; strong rejection after pump, no sustained buying pressure.
• Invalidation Level: Close above 0.4300 (potential trend reversal)
• Alternative Scenario: If price holds above 0.4300, consider long with SL at 0.4100, targeting 0.4500.
Disclaimer: Futures trading is highly risky. This analysis reflects my personal view and is not financial advice. Always do your own research and trade responsibly.