ZK is testing a strong resistance near 0.85 after a sharp rally, and the price is now hovering just below that barrier.
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🔴 $ZK SHORT 📉
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📍 Entry Range: $0.014775 – $0.014805
🛑 Stop Loss: $0.015234 (-3.0%)
🎯 TP1: $0.014568 (+1.5%)
🏆 TP2: $0.014050 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 65%
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A CHoCH broke the prior swing low, and the CVD turned bearish confirming the move. The FVG from the previous up move aligns with an order block that just held, creating a POI where the OB and FVG overlap. This confluence pushes the short bias with a 1.7 R/R target.
A 3.0% stop is relatively tight for this volatility, so keep leverage at or below 5x.
Take partial profit around the first target at 0.78 to lock in gains.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$ZK #ZKUSDT #CPIWatch #TradingSignals #Write2Earn
━━━━━━━━━━━━━━━━━━━━━
🔴 $ZK SHORT 📉
━━━━━━━━━━━━━━━━━━━━━
📍 Entry Range: $0.014775 – $0.014805
🛑 Stop Loss: $0.015234 (-3.0%)
🎯 TP1: $0.014568 (+1.5%)
🏆 TP2: $0.014050 (+5.0%)
⚡ R/R Ratio: 1:1.7
📊 Confidence: 65%
━━━━━━━━━━━━━━━━━━━━━
A CHoCH broke the prior swing low, and the CVD turned bearish confirming the move. The FVG from the previous up move aligns with an order block that just held, creating a POI where the OB and FVG overlap. This confluence pushes the short bias with a 1.7 R/R target.
A 3.0% stop is relatively tight for this volatility, so keep leverage at or below 5x.
Take partial profit around the first target at 0.78 to lock in gains.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$ZK #ZKUSDT #CPIWatch #TradingSignals #Write2Earn