$ZK is showing resilience after a sharp intraday correction, with buyers quickly defending the lower support zone around 0.01060. The price is attempting to recover from the recent selloff while maintaining a higher trading range, which suggests that bullish momentum is still present. As long as the current support continues to hold, the market has the potential to push back toward the recent highs. A successful breakout above short term resistance could attract fresh buying pressure and open the door for another upward leg. Traders should remain patient and wait for confirmation before increasing exposure, while keeping proper risk management in place.
Trade Idea
Entry Point: 0.01066 to 0.01072
Target 1: 0.01090
Target 2: 0.01108
Target 3: 0.01125
Stop Loss: 0.01054
The overall structure remains cautiously bullish while price stays above the support zone. A clean move above 0.01095 would strengthen the bullish case and increase the probability of reaching higher targets. Always manage your position size and follow your stop loss. Let's go trade now.
Trade Idea
Entry Point: 0.01066 to 0.01072
Target 1: 0.01090
Target 2: 0.01108
Target 3: 0.01125
Stop Loss: 0.01054
The overall structure remains cautiously bullish while price stays above the support zone. A clean move above 0.01095 would strengthen the bullish case and increase the probability of reaching higher targets. Always manage your position size and follow your stop loss. Let's go trade now.