🚨 TRADE ALERT – $ZK SHORT IN PLAY! 🚨
💥 Short Position Opened: $1,155
📉 Entry Price: $0.05792
🔥 Thesis: Overbought. Weak fundamentals. Perfect setup.
💣 Target: Major flush incoming – eyes on $0.045 support.
📍 Stop-loss: Above $0.061 for risk control.
🎯 WHY I’M SHORT ON $ZK :
ZK pumped hard – but no fuel behind the move. Hype is fading, volume is thinning, and the price action is showing serious cracks.
🔍 Technical Breakdown:
RSI screaming overbought
Bearish divergence on 4H chart
Price rejected key resistance with high sell volume
📊 Risk-to-Reward:
High conviction setup. Risk is tight, reward is juicy – exactly how we like it. 🧨
🧠 Sentiment Check:
Retail still bullish. CT influencers shilling. That’s when I get interested in playing the contrarian move.
When everyone’s euphoric, someone’s about to be exit liquidity.
#ETHBreaks3k #TradingStrategyMistakes #ArbitrageTradingStrategy #MemecoinSentiment #USCryptoWeek
