$ZKP — Weakening Momentum at Supply

Trade Setup: SHORT

Entry Zone: 0.0804 – 0.0846

Stop Loss: 0.0885

Take Profit Targets:

• TP1: 0.0748

• TP2: 0.0685

• TP3: 0.0622

Price is showing clear signs of exhaustion as it trades into a key supply zone. The recent upside move lacks the same strength and follow-through seen earlier, with momentum beginning to fade near resistance.

Instead of a clean bullish continuation, the structure now resembles a distribution phase, where sellers are gradually stepping in and absorbing demand. Each push higher is becoming less effective — a typical signal that buying pressure is weakening.

If this zone continues to hold and buyers fail to maintain control, the probability increases for a rejection move, potentially triggering a broader pullback toward lower support levels.

ZKP
ZKPUSDT
0.08264
-0.74%

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