🔴 $ZKP
1.9x volume dump is continuation not a bottom, more downside ahead
- my bias is bearish here — that 1.9x volume dump through 0.0476 is continuation, not a bottom, and I expect more downside while 1h structure stays bearish and BTC is also bearish
- this 1h short is aligned with weekly and BTC, but it is counter-trend vs daily bullish structure, so I only take it after a clean rejection, not on a market-order chase of the dump
- I expect price to tag 0.0439 first, then 0.0411, with 0.0335 as the stretch if selling stays aggressive
- entry zone is a bounce into 0.0520–0.0536 supply; wait BEFORE entering for a lower-timeframe market structure shift, bearish engulfing, or pin bar rejection — then take profits at 0.0439 then 0.0411 then 0.0335
- place protection beyond the structure flip / last swing high; a 1h close above 0.0603 is what flips my bias bullish 📉
1.9x volume dump is continuation not a bottom, more downside ahead
- my bias is bearish here — that 1.9x volume dump through 0.0476 is continuation, not a bottom, and I expect more downside while 1h structure stays bearish and BTC is also bearish
- this 1h short is aligned with weekly and BTC, but it is counter-trend vs daily bullish structure, so I only take it after a clean rejection, not on a market-order chase of the dump
- I expect price to tag 0.0439 first, then 0.0411, with 0.0335 as the stretch if selling stays aggressive
- entry zone is a bounce into 0.0520–0.0536 supply; wait BEFORE entering for a lower-timeframe market structure shift, bearish engulfing, or pin bar rejection — then take profits at 0.0439 then 0.0411 then 0.0335
- place protection beyond the structure flip / last swing high; a 1h close above 0.0603 is what flips my bias bullish 📉
