🚨 $ZKP 1H PARABOLIC PUMP IS LOSING MOMENTUM ⚡
🔴 SHORT SETUP
Entry: $0.198 – $0.205
Stop Loss: $0.218
TP1: $0.186
TP2: $0.178
TP3: $0.170
Technical Analysis
ZKP has just undergone a nearly vertical pump (+48% in 24h) with a surge in volume, pushing the price completely away from the short-term value area. On the 1H chart, the upward momentum is losing effectiveness as the pushes up to the $0.195–$0.205 range are continuously rejected with long upper wicks and weak candle closes, indicating that buying pressure is being absorbed.
On the 4H chart, the price is significantly over-extended compared to the previous accumulation range around $0.155–$0.165, creating a clear liquidity gap below. Pumps of this nature often require a pullback to rebalance supply and demand before the trend can continue. Lower time frames (15M–1H) have begun to show a struggle and failure to create new highs.
As long as ZKP remains below $0.205, this short bias is still valid — if the price reclaims and holds above $0.218, the short setup will be invalidated.
The bias remains valid until invalidated. Always manage risk.
