$ZK /USDT Technical Analysis & Market Update

Current Price: $0.1035 (-1.90%)

ZK is currently facing downward pressure, trading below the key moving averages. The price is just below the 7-day MA at $0.1038 and the 25-day MA at $0.1039, indicating that bearish momentum is present in the market.

Resistance is identified at $0.1050, and a close above this level could reverse the current bearish trend. On the downside, support is observed at $0.1031, with a drop below this level potentially leading to further declines.

Long Trade: Enter above $0.1050, then Targets: $0.1070, $0.1100

Short Trade: Enter below $0.1031, then Targets: $0.1010, $0.0990

#ZK #LowestCPI2021 #MarketDownturn #SahmRule