Trading Signals for $ZK ZKsync

ZK is showing a moderate 24-hour price increase of 2.61%, with a significant drop in trading volume (-18.52%). This suggests reduced volatility, which could be indicative of a consolidation phase. The current price is $0.2104, close to its daily high of $0.2167, with strong resistance around $0.2160 and immediate support near $0.2000. With a Vol/Mkt Cap ratio of 14.18%, the token has moderate liquidity, making it suitable for scalping.

Trading Strategy:
Action: Long and Short
Entry Range:
Long: $0.2050–$0.2100
Short: $0.2150–$0.2165

Stop-Loss (SL):
Long: $0.2020
Short: $0.2195

Take-Profit (TP):
Long: $0.2180–$0.2250
Short: $0.2070–$0.2000

Strategy Highlights:
Long Position: Enter near the support level at $0.2050–$0.2100. Target the breakout above $0.2160, with potential upside to $0.2250.
Short Position: Enter near the resistance level at $0.2150–$0.2165. Anticipate a retracement towards $0.2000.

🥂Trade Here👇$ZK

🚨 Note: Trade at your own risk. DYOR (Do Your Own Research).

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