🎯 $ZKP Showing Bearish Rejection at Resistance — Short Setup in Focus
$ZKP is starting to lose upside strength after its recent relief bounce. Price is approaching a key resistance zone, but momentum is clearly fading. Buyers pushed the rebound, yet there’s no strong continuation — instead, we’re seeing slower candles and weaker follow-through.
The structure now looks corrective rather than impulsive. If this resistance zone holds, probability shifts toward a downside continuation move.
📉 Trading Plan – SHORT $ZKP
Entry Zone: 0.0845 – 0.0850
Stop-Loss: 0.0920
Take Profit Targets:
TP1: 0.0760
TP2: 0.0700
TP3: 0.0640
This setup becomes stronger if price shows rejection wicks or lower highs within the entry range. Risk management is key — stick to the plan and avoid overexposure.
If sellers step in aggressively, we could see a fast move toward the lower liquidity zones.
Trade smart. Manage risk. Let the market confirm.
Click and Trade $ZKP here 👇
