đ¨ ZK/USDT ON THE BRINK â POTENTIAL BREAKOUT OR PULLBACK? đ¨
The ZK/USDT 15-minute chart shows a strong uptrend, riding an ascending trendline, but the price is now testing a key support level at $0.1345. Resistance stands at $0.1363, and a break above this could signal a powerful bullish surge. However, a failure to hold support could lead to a correction.
đĄ Key Levels to Watch:
⢠Support: $0.1345 â The price needs to hold this level to maintain the bullish momentum. A break below could see a drop to $0.1320.
⢠Resistance: $0.1363 â A break above this level could see buyers push for $0.1380 or higher.
đ Short-Term Entry:
⢠Buy Entry: Above $0.1363 (confirmed breakout), aiming for $0.1380 with a Stop Loss at $0.1340.
đ Long-Term Entry:
⢠Buy Entry: Hold above $0.1345, targeting $0.1380, with a more conservative Stop Loss around $0.1320 to minimize risk in case of a breakdown.
Keep a close watch on volume and price action at the trendline for the next move!
#BTCSoarsTo68K #BinanceLabsInvestsLombard #GrayscaleConsiders35Cryptos #SCRSpotTradingOnBinance #MemeCoinTrending