$ZKC at a Pivotal Zone – Will Bulls Defend $0.6300 or Bears Push Lower?
$ZKC is trading at $0.6344, down -11.6% in the last 24 hours. After facing resistance near $0.7289, price has retraced and is now consolidating just above the $0.6300 support zone. Market momentum is finely balanced, and traders are closely watching whether bulls can defend this key level or if bears will drive a deeper correction.
Key Levels to Watch
• Resistance: $0.6600 – A breakout above this zone could spark a move toward $0.6900 and $0.7200.
• Support: $0.6300 – Losing this level may trigger downside pressure toward $0.6150 and $0.6000.
Trade Setup – Get Ready for Action
Bullish Entry:
• A confirmed breakout above $0.6600 could target:
• TP1: $0.6900
• TP2: $0.7200
Bearish Entry:
• A breakdown below $0.6300 could target:
• TP1: $0.6150
• TP2: $0.6000
Final Note
$ZKC is at a decision point. If bulls defend the $0.6300 zone, momentum could flip bullish toward higher resistance levels. But if sellers push price below support, the correction may deepen. Traders should wait for confirmation before entering positions.