ZKP 15-minute chart shows a bearish divergence signal. The open interest has dropped from over 19 million to just above 16 million, which is a typical profit-taking and clearing stage. Currently, it is still in the first wave of decline, and no effective support has formed above 0.18. Next, attention should be paid to whether the 0.16 to 0.17 range can see increased volume to support a rebound. If this level cannot hold, it may directly bottom out to 0.1 later on.

The positive news has been fully digested, and what remains is a continued downward trend. It is recommended to stay on the sidelines and avoid rushing into long positions just because of a rebound. If you want to trade, a short-selling approach would be more appropriate. Be sure to watch out for rebound traps.