$ZK
/USDT Technical Analysis & Trade Signal:🎯🎯🎯🚀🚀
Current Price: $0.2076 (down by 2.44% in the last 24h)
Key Levels:
Support: $0.2023 (24h Low)
Resistance: $0.2169 (24h High)
Technical Indicators:
RSI: Neutral (indicating no extreme overbought or oversold condition)
MACD: Bearish crossover seen, indicating downward momentum in the short term.
EMA: Price is below 50- and 200-day EMAs, suggesting a bearish trend.
Trade Signal & Target Levels:
Buy Signal: If price breaks above $0.2128 (current resistance), expect potential uptrend continuation.
Sell Signal: If price falls below $0.2023, it could indicate further downside.
Target Levels:
Target 1: $0.2150 – Watch for resistance and price rejection.
Target 2: $0.2200 – Key resistance, potential breakout point.
Target 3: $0.2300 – If strong momentum continues after breaking previous resistance.
Trade Momentum:
Short-Term: Bearish with a potential for price rejection at support levels. Caution is advised, especially in a choppy market.
Medium-Term: Cautiously bullish if resistance at $0.2128 breaks with volume. However, the overall trend remains weak below $0.2169.
Keep an eye on market volume and any news that might impact ZK’s price for better trade timing.
