$ZK
/USDT Technical Analysis & Trade Signal
Current Price: $0.2049 (+13.51% change in the last 24 hours)
Trend: Bullish short-term momentum
ZK has seen an increase in price by over 13% in the last 24 hours, suggesting upward momentum.
Trading above the 24-hour low ($0.1775) shows strength in the market.
Key Technical Indicators:
Resistance Level: $0.2064 (24h High)
Support Level: $0.1775 (24h Low)
Moving Average (Short-term): Price above recent moving averages points to a bullish trend.
Trade Signal:
Entry Point: Buy at $0.2049 or on a dip near $0.2020 (support zone).
Target Levels:
1. Target 1: $0.2100
2. Target 2: $0.2150
3. Target 3: $0.2200
Stop Loss: Set at $0.1930 to mitigate potential risk if the price falls below $0.2020.
Momentum:
Strong upward price action in the short-term suggests bullish momentum, but look out for resistance near $0.2064 and watch for breakouts above that level.
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