$ZKUSDT đ Tap here for the real futures chart, the tag at the bottom shows the spot chart
đŽ Short setup
Entry zone: 0.015885
SL: 0.016548
Target: 0.01456
R:R 1:2
After a 53% run in 3 days, ZK stopped making clean progress. I have 0.01456 marked as the inducement from a 30% retrace. Price pushed 0.2% above the old high at 0.016264, printed a new high at 0.016289 and gave it back. It is trading under 0.016264 now. The inducement at 0.01456 is the target and the stop is 4.17% away at 0.016548.
đŽ Short setup
Entry zone: 0.015885
SL: 0.016548
Target: 0.01456
R:R 1:2
After a 53% run in 3 days, ZK stopped making clean progress. I have 0.01456 marked as the inducement from a 30% retrace. Price pushed 0.2% above the old high at 0.016264, printed a new high at 0.016289 and gave it back. It is trading under 0.016264 now. The inducement at 0.01456 is the target and the stop is 4.17% away at 0.016548.