$ZK has shown a strong recovery from the support level of $0.0525 and has broken through the short-term resistance with strong bullish candles. The price is currently trading around $0.0591 after reaching a high of $0.0595. This upward movement signals a breakout with bullish momentum, creating a good setup for a long position.
Trading is considered profitable due to the strong recovery, high volume, and continuation pattern forming after a clear reversal. If the price holds above $0.0565, buyers may push the price higher in the short term.
Trade Setup:
Entry Area: $0.0570 – $0.0590
Stop Loss: Below $0.0545
Target 1: $0.0625
Target 2: $0.0660