$ZK /USDT – Bullish Momentum Building
Support & Resistance:
Support: Strong buying interest around $0.0615–$0.0625 has held today.
Resistance: Immediate hurdle near $0.0645, with a cluster zone at $0.066–$0.067.
Fibonacci Levels:
Short-term retracements from the recent swing high ($0.069–$0.0736) show key levels:
23.6%: ~$0.0708
38.2%: ~$0.0697
50%: ~$0.0679
Broader support is guiding action at $0.0653 (38.2%) and $0.0636 (61.8%).
RSI:
Current value around 58, indicating bullish momentum with room to extend before becoming overbought.
Entry Zones:
Safer Entry: $0.0625–$0.0630, near strong support and Fibonacci bounce.
Aggressive Entry: Above $0.0650, riding momentum toward resistance clusters.
Take-Profit (TP) Targets:
TP1: $0.065–$0.066, near mid-term resistance and Fibonacci alignment.
TP2: $0.069–$0.070, breakout zone above previous highs.
Stop-Loss Ideas:
Conservative: Below $0.0615 to protect against key support break.
Tight: Below $0.0620 for closer risk control.
Summary:
$ZK has surged past key resistance with strong momentum. Support at $0.0615–$0.0625 has held, RSI indicates room to run, and volume confirms the move. A clean break above $0.065 could see targets of $0.065–$0.070, while a drop below $0.0615 would invalidate the bullish outlook.
