The 4‑hour candle just ripped past the $0.063‑zone, and the next ceiling is hovering around $0.068 – ignore it and the upside could evaporate. 👀
Read the levels 👇
Price is riding a clean EMA7 > EMA25 crossover and an RSI screaming above 78, so the chart feels bullish. Yet the -0.27% funding rate means shorts are paying longs, a subtle sign that leverage on the downside may be stretched, while a 1.13 long‑short ratio still shows more traders betting up. In short: the momentum’s hot, but the funding whisper warns of a hidden squeeze.
On the 4H picture the current pivot sits near the ~0.063 area. Hold above the ~0.0598 zone and the next target is the ~0.068‑zone. Drop below that ~0.0598 floor and the bullish case fizzles. Tap $ZKC to pull up the chart and see these zones yourself.
My read: the market is primed to test the ~0.068 objective, but a breach of the ~0.0598 support would flip the bias.
If you want a follow‑up when price either clears or fails that target, hit follow – I’ll break down the next move as soon as the zone decides.
What level are you watching on $ZKC – the 0.063 pivot or the 0.068 ceiling? 👇
⚠️ Not financial advice. DYOR.
#ZKC #Crypto #BinanceSquare #TopGainer
Read the levels 👇
Price is riding a clean EMA7 > EMA25 crossover and an RSI screaming above 78, so the chart feels bullish. Yet the -0.27% funding rate means shorts are paying longs, a subtle sign that leverage on the downside may be stretched, while a 1.13 long‑short ratio still shows more traders betting up. In short: the momentum’s hot, but the funding whisper warns of a hidden squeeze.
On the 4H picture the current pivot sits near the ~0.063 area. Hold above the ~0.0598 zone and the next target is the ~0.068‑zone. Drop below that ~0.0598 floor and the bullish case fizzles. Tap $ZKC to pull up the chart and see these zones yourself.
My read: the market is primed to test the ~0.068 objective, but a breach of the ~0.0598 support would flip the bias.
If you want a follow‑up when price either clears or fails that target, hit follow – I’ll break down the next move as soon as the zone decides.
What level are you watching on $ZKC – the 0.063 pivot or the 0.068 ceiling? 👇
⚠️ Not financial advice. DYOR.
#ZKC #Crypto #BinanceSquare #TopGainer
