$ZK Recent short liquidations of $14.257K occurred at the price of $0.20764. This indicates that short traders were forced to close their positions as the price moved against them. This liquidation suggests potential upward momentum and a bullish sentiment in the market.

What’s Next for ZK.

The price action near $0.20764 shows a key support level. We need to analyze zones for a safe buy and ideal targets to make informed trading decisions.

Buy Zone.

$0.2020 - $0.2080

This range represents a strong support area where buyers are likely to step in again.

Target Levels.

1. Target 1: $0.2150

2. Target 2: $0.2250

3. Target 3: $0.2350

Stop-Loss.

Place a stop-loss at $0.1980 to limit potential losses if the price breaks below the support.

Why These Levels.

Support at $0.20764. Indicates bullish interest after short liquidation.

Resistance near $0.2150 - $0.2350. Price may face selling pressure, so taking profits gradually is wise.

Stop-loss below $0.1980. Protects against unexpected market reversals.

Key Trading Tips.

1. Monitor volume strong buying volume confirms bullish momentum.

2. Watch for price consolidation in the buy zone before entering.

3. Avoid over leveraging; trade with risk management.

If the market remains bullish and breaks resistance at $0.2350, the next rally may aim higher.

Stay updated and plan accordingly.

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