#MatrixFamily listen to me carefully…

$ZKC just delivered a massive vertical pump and is now showing signs of exhaustion near the local top. The rejection from the spike high combined with consecutive bearish candles suggests that momentum is fading and a deeper pullback could be developing.

Entry Range: $0.0615 - $0.0625

Stop Loss: $0.0675

Targets:

TP1: $0.0580

TP2: $0.0540

TP3: $0.0500

After an explosive breakout, $ZKC printed a sharp wick into higher levels and immediately faced heavy selling pressure. This type of price action often signals profit-taking from early buyers while late entrants get trapped near the top. The current structure favors a corrective move as long as price remains below the recent rejection zone.

The best approach is to wait for weak bounces into resistance rather than chasing downside candles. A controlled retest of the entry area can provide a stronger risk-to-reward short opportunity.

As long as $0.0675 remains intact, the bearish outlook stays valid. A breakout above this level would invalidate the setup and could trigger another impulsive move toward the recent highs.