$ZKJ USDT BEARISH CONTINUATION SETUP CONFIRMED – READY FOR SHORT OPPORTUNITY
The $ZK JUSDT pair shows strong bearish momentum after a significant breakdown below key support levels. The price failed to sustain above 0.2600 and plunged with heavy volume, confirming sellers’ dominance. The lower highs and consistent rejection near resistance mark a clear downtrend continuation.
Short Entry: Initiate short positions below 0.2380 to capitalize on further downside movement.
Target Levels:
TP1: 0.2300 – immediate support zone
TP2: 0.2200 – next major demand area for profit booking
Stop Loss: Set SL above 0.2450 to protect against false breakouts or sudden bullish retracements.
Risk Management:
Maintain strict risk-reward ratio of at least 1:2. Use appropriate position sizing and avoid over-leveraging due to volatility. Watch for volume spikes signaling potential reversals.
Trade with discipline to capture the bearish momentum and minimize risk exposure.
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