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$ZKC JUST FLASHED A CLEAR SHORT SIGNAL ON THE 4H 🔴
Entry: 0.00954 🔥
Target 1: 0.00946 🚀
Target 2: 0.00938 🚀
Target 3: 0.0093 🚀
Stop-loss: 0.0097 ⚠️
The bounce you’re seeing? Weak. Both the mid EMA20 and EMA50 are trending down, and the RSI is refusing to reclaim the 50 level — a classic setup for continuation. I’ve seen this pattern repeat several times on $ZKC where a “dead cat bounce” gets absorbed, then the price reverses strongly lower.
Momentum is clearly in favor of the sellers here, with a clean risk-to-reward ratio of 1:3 at the first target. Do you think the bulls can hold 0.0095, or is this trade about to break down?
Not financial advice. Always manage your risk.
#ZKC #ShortSetup #Bearish #Crypto