$ZKC ZKC/USDT drops below $0.50 support
📈 ZKC is trading at $0.4943, down -8.88% on the 1H chart. The token touched a 24h high of $0.6107 but quickly reversed, with strong selling pressure dragging it close to its 24h low of $0.4914. Moving averages remain bearish: MA(7) $0.5237, MA(25) $0.5514, and MA(99) $0.5534, confirming a sustained downtrend as ZKC trades below all major MAs.
📌 Entry zone: $0.4900 – $0.5000
🎯 Targets:
TP1: $0.5200
TP2: $0.5450
TP3: $0.5700
🛑 Stop loss: $0.4800
👉 ZKC is heavily oversold and currently sitting at a key psychological support around $0.49. A bounce could follow, but if this level fails, the next bearish extension may push prices deeper. Short-term traders should stay cautious and wait for a confirmed reversal signal.
Trade on Binance ⇢ $ZKC