$ZKP / ZK Protocol

Sell-the-rally bias as price shows exhaustion after parabolic expansion, sharp rejection from 0.130, and loss of momentum back below short-term EMAs, signaling distribution rather than continuation.

Bias: SHORT

Entry: 0.106 – 0.109

Stop-Loss: 0.118

TP1: 0.100

TP2: 0.092

TP3: 0.086

As long as price fails to reclaim and hold above 0.118, downside mean reversion toward prior demand is favored. Acceptance above invalidates the fade and shifts bias neutral.

#ZKP #Perp #PriceAction

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