Here’s a sharp technical breakdown and trade plan for $ZK /USDT:
Price Overview:
Current Price: $0.0590
24h Change: +3.69% — mild uptrend
24h High: $0.0598
24h Low: $0.0561
Volume & Averages:
24h Volume (ZK): 73.18M
24h Volume (USDT): 4.25M
Latest Volume: 53,848.0
MA(5): 92,302.9
MA(10): 82,246.1
Moving Averages & Depth:
MA60: $0.0587 — price is currently above it, which supports short-term bullish bias
Order Book (Resistance): $0.0592
Support Layering: $0.0589, $0.0587, $0.0586, $0.0584, $0.0581 — multiple stacked bids, forming a solid support base
Technical Insights:
Trend: Bullish continuation possible as price holds above key moving averages
Volume: Solid but not explosive — enough to support a gradual climb
Breakout Watch: Resistance at $0.0592 and then the 24h high at $0.0598. If those break with volume, we may see $0.0610–$0.0630 next.
Trade Setups:
Breakout Trade:
Entry: On break and close above $0.0600 with volume >90K
Target: $0.0615, then $0.0630
Stop-Loss: Below $0.0584
Support Bounce:
Entry Zone: $0.0584–$0.0587 (near MA60 cluster)
Target: $0.0595–$0.0600
Stop-Loss: Below $0.0580
Follow for more updates.
#Trump100Days #XRPETFs #StablecoinPayments #Write2Earn! #Zksync