🚨 ZK on the Verge of a Breakout! Is $0.2700 Within Reach?! 🚨
The ZK/USDT chart shows a clear range with important levels to watch. Let's break down the critical areas for potential trading opportunities.
Immediate Resistance: $0.2441 (mVAH)
Support Levels:
Minor: $0.2177 (dVAL)
Major: $0.1980 (mVAL)
Point of Control (POC): $0.2279
Key Observations
🔴 Resistance at $0.2441: Watch for potential rejections or breakouts above this level.
🟢 Support at $0.2177 and $0.1980: These levels can act as strong buying zones if the price dips.
🟡 POC at $0.2279: The price is currently hovering around this level, indicating high trading activity and volume.
Trading Strategy
Bullish Scenario:
Entry: Close above $0.2441
Target: $0.2700
Stop-Loss: $0.2300
Bearish Scenario:
Entry: Break below $0.2177
Target: $0.1980
Stop-Loss: $0.2250
Conclusion
Monitoring these levels can provide excellent trading opportunities. Stay alert for volume spikes and price action around these critical points.
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