$ZK /USDT Technical Analysis and Trade Signals
Current Price: $0.2268
Trend: Bearish (short-term)
Key Levels
Resistance Levels:
$0.2391 (24h High - Immediate resistance)
$0.2500 (Strong resistance)
Support Levels:
$0.2112 (24h Low - Immediate support)
$0.2000 (Psychological support)
Indicators
RSI (14): Neutral (hovering around 45, indicating slight bearish momentum).
MACD: Bearish crossover, suggesting further downside potential.
Volume: Increasing (bulls need to reclaim dominance for a trend reversal).
EMA (20/50): Price trading below both EMAs, confirming bearish momentum.
Trade Signals
Entry Zone:
Buy: $0.2115ā$0.2160 (Near support zone).
Take Profit Targets:
1. šÆ Target 1: $0.2300 (Short-term rebound).
2. šÆ Target 2: $0.2390 (Testing resistance).
3. šÆ Target 3: $0.2500 (Bullish breakout zone).
Stop-Loss:
Place at $0.2050 (Below psychological support).
Trade Momentum
Short-term: Bearish (Wait for entry at support or breakout above $0.2390).
Medium-term: Bullish potential (If price sustains above $0.2500).
Long-term: Neutral (Needs confirmation with higher volume and strong breakouts).