ZKJ's decline has not stopped! 0.0167 is just a consolidation level, and the bears are still controlling the trading range.

Current Price: 0.01673

First, the conclusion: ZKJ is currently in a downward trend phase, with no signs of stabilization in the short-term structure, indicating “a weak rebound followed by continued decline,” and it is more likely to move sideways and lower within the day.

  1. 4-hour timeframe: Structural breakdown, bears fully dominant

Key support levels continuously broken, price center of gravity keeps shifting downward High points keep decreasing, trend clearly downward MACD remains below the zero line Bollinger Bands opening downward, price close to the lower band

Core judgment: The 4-hour chart shows a trending bearish market (not sideways)

  1. 1-hour timeframe: Continued standard bearish rhythm

Clear “decline → weak rebound → further decline” structure Rebounds with no volume and very weak amplitude Moving averages arranged in a bearish pattern MACD continues to expand downward

Short-term rhythm: Bearish decline structure + possible acceleration at any time

  1. Intraday trend projection

If unable to regain 0.0170:

More likely to move sideways and downward within the day First test around 0.0165 If broken, may extend to 0.0162 or even lower

  1. Direct trading strategy (as requested)

Direction: Short (market order)

Entry price: around 0.01673

Take profit:

First take profit: 0.01656 (about -1%) Second take profit: 0.01639 (about -2%)

Stop loss:

Stop loss level: 0.01698 (about +1.5%)

ZKJ-9.91%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin