๐ $ZKC Market Update โ Volatility Surges, Bears Take Control โ ๏ธ
$ZKC is trading near $0.2622, down -8.99% on the day. Price action has been highly volatile, swinging between $0.3049 (high) and $0.2458 (low) โ a clear sign of trader indecision and profit-taking pressure.
๐ Market Pulse:
Despite 124M ZKC traded in the last 24 hours, buying momentum weakened as bulls failed to hold above $0.29, allowing bears to regain control. The market remains under strong sell pressure, reflecting short-term exhaustion after the recent rally.
๐ Key Technical Levels:
Support: $0.2450 โ a breakdown here could open the door for deeper downside.
Resistance: $0.2960 โ reclaiming this level would confirm strength returning to the bulls.
๐ Trend Overview:
The short-term structure remains bearish, with lower highs forming and the price struggling to stay above $0.27.
๐ก Trade Outlook:
If $ZKC holds above $0.2450, expect potential bounce plays back toward $0.29.
A break below $0.2450 could extend the correction, inviting further selling.
๐ Current Bias: Sell setups remain favorable unless the price reclaims $0.29 with strong volume confirmation.
โ ๏ธ Stay patient โ volatility is high, and disciplined risk management is key.
