Recently, the trend of ZKP has been quite interesting — from a high of $0.22431 all the way down to a low of $0.15069, many bulls were quite scared. But at that critical low, buying pressure suddenly surged and absorbed the sell-off, causing the price to rebound quickly to $0.17228, with a single-day increase of 11.80%. An important detail behind this rebound is worth noting: the 24-hour trading volume exceeded 1.134 billion USDT, with a trading volume of 6.330 billion, especially during the rebound, when the trading volume significantly increased. This clearly indicates that a considerable amount of funds were positioning at the low levels.

From a larger cycle perspective, ZKP has gained 31.75% over the past 7 days, showing that the accumulation at the bottom has been quite aggressive. The key support level of $0.16000 is currently stable. As long as this line holds, the short-term upward momentum is unlikely to be broken.

If you want to participate in this rally, my advice is: do not chase the current high. Wait until the price retraces to the $0.16500 to $0.17000 range before entering with a small position for more safety. The first target is $0.17500; if that is broken smoothly, then look at $0.18000. If the previous high is surpassed, there’s a chance to reach $0.18500. For stop-loss, place it at $0.16000. Once this level is broken, the rebound enthusiasm will likely dissipate.

For friends who are shorting, I advise you to stay on the sidelines for now. This kind of strong upward move from the lows is most vulnerable to counter-trend trades. Bulls need patience; real opportunities often come during pullbacks. Buying on dips rather than chasing highs is a safer way to secure profits. Also, don’t forget to manage risks well — rebounds are often followed by secondary adjustments, so proper position sizing is crucial.