#zkusdt To examine the current support of the ZK/USDT chart, we need to analyze the support and resistance levels shown in the chart. In the image, there are a few key points to note:
1. Current Price â The current price is 0.2449 USDT.
2. Immediate Support â Price appears to have immediate support around 0.2441-0.2449 USDT, which is visible by the last red candle that ended at this level.
3. Moving Averages (MA) â The 7, 25, and 99 period moving averages are 0.2480, 0.2473, and 0.2486 USDT, respectively, which can also serve as potential support or resistance levels.
4. Volume â It is important to note the trading volume, which can indicate the strength of the support. High volume at the support generally strengthens that support.
