$ZK broke below the 0.015 level, with the current price at 0.01486.
When looking at key price levels, I usually focus on three things:
① Close: An intraday dip below the level doesn’t count. It’s only a confirmed break if the entire candlestick closes below 0.015;
② Retest: Can the price reclaim 0.015 on a rebound? If it can’t, support has turned into resistance;
③ Volume: Did volume pick up during the break? A break on low volume is more likely to be reversed.
#ZK
It’s your money, so it’s your call.
When looking at key price levels, I usually focus on three things:
① Close: An intraday dip below the level doesn’t count. It’s only a confirmed break if the entire candlestick closes below 0.015;
② Retest: Can the price reclaim 0.015 on a rebound? If it can’t, support has turned into resistance;
③ Volume: Did volume pick up during the break? A break on low volume is more likely to be reversed.
#ZK
It’s your money, so it’s your call.