🔻 $ZK /USDT Fails to Hold Bounce — Bears Take Back Control!
ZK/USDT attempted a quick bounce from the $0.0469 low, but the rally was swiftly rejected at the mid-Bollinger Band.
Now trading at $0.0475 (-6.68%), the downtrend remains intact as candles slip below key moving averages.
The chart suggests another wave of downside pressure, with failed bullish momentum signaling caution.
📉 ZK/USDT Short Trade Setup (1H Chart)
🔻 Entry Zone: $0.0475 – $0.0480
🎯 Take Profit 1: $0.0463
🎯 Take Profit 2: $0.0448
🎯 Take Profit 3: $0.0432
⛔ Stop Loss: $0.0492
This was a classic fake pump in a bearish trend — stay sharp, and ride the momentum down!
