$ZK /USDT BEARISH REVERSAL CONFIRMED — SUPPORT LOST, DOWNSIDE IN PLAY!
$ZK /USDT has broken below the crucial support near 0.0780 after multiple rejection candles at the resistance zone. The price failed to sustain the bullish momentum and sharply reversed, signaling sellers are now in control. This breakdown opens the door for a deeper retracement toward lower demand levels.
Trade Setup (Short):
Entry Zone: 0.0755 – 0.0780
Take Profit (TP): 0.0730 / 0.0710 / 0.0698
Stop Loss (SL): 0.0784
Market Outlook:
Bearish divergence is playing out on the 30-min chart, and momentum has shifted toward the downside. As long as price stays below 0.0780, continuation lower is likely. Watch for a retest of the breakdown zone as resistance.
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