$ZK
A break above $0.051 confirms a major resistance turning into support. With the upward momentum, tight consolidation before the break, and strong volume behind the move, this setup has a high probability of continuation.
This trade is profitable because:
1. The clear trend reversal has been confirmed with the break
2. Low risk with a tight stop below the last support
3. Strong volume showing real buying pressure
4. No significant resistance until the $0.054–$0.059 area
Watch the $0.051–$0.052 range closely. If maintained, this trade could yield significant gains.
$ZK Long trade signal – Break in progress
Entry area: $0.05100 – $0.05200
Current price: $0.05228
Stop loss: Below $0.04900
Target 1: $0.05400
Target 2: $0.05650
Target 3: $0.05900
Trade setup and reasons:
$ZK shows a clean break from a steady upward trend with higher highs and higher lows. After consolidating around the $0.047–$0.049 range, it rose above $0.052 with strong bullish candles and increasing volume, indicating that buyers are fully in control.
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