$ZK Watch for shorting opportunities.



This rebound is quickly reaching the main resistance zone; the upside momentum is clearly weakening. At this same level before, there was a pretty fierce sell-off. Now the speed of the bids pushing higher has slowed down, and the sell pressure above is consuming demand.

If the bears can continue to hold this area, the next step may be to test the liquidity of the underlying structure. You can look for entry around 0.00982 to 0.01000, with downside targets at 0.00953 and even 0.00865.

Remember to set a stop loss at 0.01080, manage risk, and don’t go in too heavy.
ZK-6.08%
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