$ZK is approaching a major resistance area, and rejection could be next.
After a strong climb from the $0.00740 region, price has reached $0.00877 and is now struggling near the $0.00890–$0.00900 zone. The latest candles show momentum slowing around the local high.
Short Entry: $0.00876–$0.00885
TP1: $0.00865
TP2: $0.00852
TP3: $0.00838
SL: $0.00902
If $0.00890 breaks and holds, the rejection idea is invalid. Until then, a pullback from this resistance remains possible.
$ZK
After a strong climb from the $0.00740 region, price has reached $0.00877 and is now struggling near the $0.00890–$0.00900 zone. The latest candles show momentum slowing around the local high.
Short Entry: $0.00876–$0.00885
TP1: $0.00865
TP2: $0.00852
TP3: $0.00838
SL: $0.00902
If $0.00890 breaks and holds, the rejection idea is invalid. Until then, a pullback from this resistance remains possible.
$ZK