🔍 ZKC/USDT: A Closer Look at Short-Term Volatility
The 15-minute chart of $ZKC reveals a clear pattern of volatility. While the current price is around 0.4450, we've seen swings from lows of 0.4174 to highs of 0.4609 within the last 24 hours.
The moving averages (MA(7), MA(25), MA(99)) are tightly packed, indicating a potential compression that could lead to a sharper move. Notice how the price is currently positioned above the shorter-term MAs but below the MA(99).
Trader Insight: For #ZKCUSDT, this tight consolidation near the moving averages could be a precursor to a breakout in either direction. Be prepared for increased volatility. A break above 0.45 or below 0.43 could set the next short-term trend.
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