$ZK /USDT Analysis
Current Price: $0.2084 (+10.97%)
24H High: $0.2104
24H Low: $0.1835
Volume (24H): 169.30M ZK / 33.24M USDT
Technical Indicators:
1. MACD:
MACD: 0.0002
Signal Line: 0.0039
The histogram indicates a diminishing bullish momentum.
2. Moving Averages (MA):
MA(5): 3,678,225.0
MA(10): 3,242,322.0
Short-term MA is above the long-term MA, indicating ongoing bullishness but nearing resistance levels.
3. Volume:
The increasing volume earlier coincided with the price surge to $0.2104, but the volume has now decreased, signaling possible exhaustion in the buying momentum.
Key Levels:
Resistance: $0.2104 (tested multiple times)
Support: $0.2024 and $0.1932
Strategy Insight:
If the price consolidates above $0.2024, it could gather strength for another breakout above $0.2104.
A failure to sustain above $0.2024 may lead to a retest of the $0.1932 support.
Monitor the MACD for potential bearish crossovers and volume for renewed buying activity.