$ZKJ has been in a slow downtrend since the highs near $0.02500, grinding lower over several days before finding a floor around $0.01300 and bouncing. Price pushed up to $0.02100 before pulling back and is now sitting around $0.01891, hovering just above a key reference level after that rejection.
ZKJUSDT
Perp
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The $0.01300 – $0.01370 zone is the support that caught the recent low and where buyers stepped in. Lose that area and the bounce fails completely with price back at the lows.
Hold $0.01300 – $0.01370 and another push toward $0.02000 – $0.02200 stays possible. Lose it and there is very little beneath to provide any floor. The broader trend has been lower since the peak and one bounce off the lows is not enough to call a reversal so treating any move higher here with some skepticism is the right approach.