$ZK 24-hour new high confirmed.
24h +3.66%, current price 0.00935, previous high 0.009287.
Structurally, a new high means there is less selling pressure overhead and relatively little short-term resistance. However, if the price quickly falls back below the previous high, beware of a bull trap. What signal would you need before making a move?
24h +3.66%, current price 0.00935, previous high 0.009287.
Structurally, a new high means there is less selling pressure overhead and relatively little short-term resistance. However, if the price quickly falls back below the previous high, beware of a bull trap. What signal would you need before making a move?