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【$ZKJ Signal】Watching, waiting for a pullback to go long, betting on a short squeeze
$ZKJ 1H RSI 89.07, funding rate -0.73%, selling pressure -18.82%. Price tightly hugging the upper Bollinger Band, 1H MACD histogram narrowing, momentum weakening.
🎯Direction: Watching (placing a pullback long order)
⚡Entry: 0.02750
🛑Stop Loss: 0.01672
🚀Target 1: 0.02852
🚀Target 2: 0.02864
🛡️Trade Management:
- Place order at 0.02750, enter if triggered, reduce position by 50% at Target 1 and move stop loss to breakeven. If price falls back to 0.02750, exit automatically.
Depth logic: Negative funding rate + stable open interest + firm price, initial conditions for a short squeeze are met. But RSI is severely overbought, risk-reward ratio is very low, suitable only for very light positions to test.
View real-time market 👇 $ZKJ
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