$ZK /USDT – ANALYSIS & TRADE SETUP
Analysis:
ZK is trading at $0.05682, up +0.64% in the last 24 hours. Price is consolidating just above the $0.05640 support after pulling back from the $0.06104 high. This range-bound movement suggests accumulation, with traders watching for a breakout above resistance or a drop below support to confirm direction.
Bullish Setup (LONG):
Entry: $0.05650 – $0.05700
Targets: TP1 $0.05850, TP2 $0.06000, TP3 $0.06100
Stop Loss: Below $0.05580
Reason: Price is holding support with potential to reclaim recent highs if buying pressure strengthens.
Bearish Setup (SHORT):
Entry: $0.06020 – $0.06080 (if rejection at resistance)
Targets: TP1 $0.05900, TP2 $0.05750, TP3 $0.05650
Stop Loss: Above $0.06130
Reason: Multiple rejections near $0.061 could trigger a pullback toward the support zone.
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