#ZKJ ZKJUSDT 4-hour chart and current data:
Current Price: $0.3067 (Up 74.96% in 24 hours)
24h High: $0.3669
24h Low: $0.1740
Volume: Very high, showing strong market activity
Analysis:
Buy Signals:
The price has shown a sharp breakout from around $0.1376 to the current $0.3067, indicating strong bullish momentum.
The volume spike supports this upward movement, confirming genuine buying interest.
The moving averages (MA5 and MA10) show the short-term trend is upward, with the price above both MAs.
Sell Signals:
The price tested $0.3669 but faced resistance and retraced slightly, suggesting some profit-taking around this level.
The candlestick wicks indicate volatility and uncertainty at current levels.
If the price falls below $0.2775 support level, a deeper correction could follow.
Conclusion:
Buy if the price sustains above $0.28 with strong volume, targeting a move back towards $0.36-$0.38.
Sell or take partial profits near resistance around $0.36 to $0.37, especially if volume drops or bearish candlesticks appear.
Stop loss recommended below $0.27 to limit downside risk.
