Trading Strategy for $ZK /USDT
Long Position:
- Entry:Consider a long position if the price breaks above $0.2178 with strong volume or bounces from $0.2050.
- Stop-Loss:Set stop-loss just below the support level.
- Target:Aim for a target price of $0.2450.
Short Position:
- Entry:Enter a short position if the price drops below $0.2050 with high volume or fails to surpass $0.2170.
- Stop-Loss:Set stop-loss just above the resistance level.
- Target:Aim for a target price of $0.1900.
Key Points:
- Trend Strategy:Buy on breakouts and sell on breakdowns.
- Volume Confirmation:Ensure high volume to confirm moves and avoid false signals.
- Short-Term Trend:Currently bearish, but recent gains suggest possible bullish sentiment.
