$ZK /USDT Market Overview & Trade Setup
Key Levels to Watch
Resistance: $0.0695, $0.0709, $0.0724, $0.0735
Support: $0.0680, $0.0669, $0.0665
Trade Setup – Neutral/Bearish Bias
📌 Entry Price: $0.0680 - $0.0695
🎯 Target 1: $0.0709
🎯 Target 2: $0.0724
🎯 Target 3: $0.0735
🛑 Stop Loss: $0.0665
Market Sentiment Analysis
MA(7) at $0.0687 & MA(25) at $0.0694 suggest price is fluctuating near short-term resistance.
MA(99) at $0.0699 indicates a strong resistance zone ahead.
If price fails to break above $0.0695 - $0.0709, a retracement toward $0.0669 - $0.0665 is likely
Trading Strategy
1️⃣ For Long Position:
Buy near $0.0680 - $0.0687 (if price holds above support).
If price breaks $0.0709, next targets are $0.0724 - $0.0735.
2️⃣ For Short Position:
If price fails to break $0.0709, short from $0.0695 - $0.0709.
Downside targets: $0.0680, $0.0669, and $0.0665.
Risk Management Tip:
Avoid entering long positions if price struggles below $0.0695.
If price breaks below $0.0669, stronger downside potential may develop.#zkairdrop #ZKS以太坊空投 #Zksync #Write2Earn #Write2Earn