🔥 ZKC is UP 77% TODAY on 15x normal volume. This is the wildest chart I've seen all week.
I'm not exaggerating: daily RSI at 84.4, 4H RSI at 90.8 (NINETY), and volume ratio at 15.36x. Price went from ~$0.039 to $0.069 in what feels like minutes. The daily SMA25 is at $0.040 — price is 73% above it.
📊 Why This Trade?
This is pure momentum and speculation. The ZK narrative is clearly in play today (see ZKP +34% too). L/S ratio at 1.36 shows longs are confident. But RSI at 90.8 on the 4H is extreme — historically, readings above 85 lead to sharp 10-20% corrections.
🎯 Trade Plan (LONG — scalping only):
• Entry: $0.0673 – $0.0713
• SL: $0.0611 (below SMA7 4H, ~12% risk)
• TP1: $0.0721 | TP2: $0.0748 | TP3: $0.0776
• R:R = 0.3:1 | Confidence: 92%
This is a SCALP. Get in, take profit, get out. Do NOT swing trade a token with RSI at 90. If you missed the move, wait for the inevitable 20-30% correction before considering entry.
Would you chase this or wait for the dip? 🏃♂️
#ZKC #ZKNarrative #DYOR
⚠️ Not financial advice. Extreme momentum plays require strict discipline and small size.
I'm not exaggerating: daily RSI at 84.4, 4H RSI at 90.8 (NINETY), and volume ratio at 15.36x. Price went from ~$0.039 to $0.069 in what feels like minutes. The daily SMA25 is at $0.040 — price is 73% above it.
📊 Why This Trade?
This is pure momentum and speculation. The ZK narrative is clearly in play today (see ZKP +34% too). L/S ratio at 1.36 shows longs are confident. But RSI at 90.8 on the 4H is extreme — historically, readings above 85 lead to sharp 10-20% corrections.
🎯 Trade Plan (LONG — scalping only):
• Entry: $0.0673 – $0.0713
• SL: $0.0611 (below SMA7 4H, ~12% risk)
• TP1: $0.0721 | TP2: $0.0748 | TP3: $0.0776
• R:R = 0.3:1 | Confidence: 92%
This is a SCALP. Get in, take profit, get out. Do NOT swing trade a token with RSI at 90. If you missed the move, wait for the inevitable 20-30% correction before considering entry.
Would you chase this or wait for the dip? 🏃♂️
#ZKC #ZKNarrative #DYOR
⚠️ Not financial advice. Extreme momentum plays require strict discipline and small size.