Is $ZKC setting up for a drop?
$ZKC showing weakness despite market strength — hidden selling?
Here's what the data shows:
• Price: $0.06248 (24H range: $0.04839–$0.06450)
• RSI(14): 88.5 — Overbought 🔴
• EMA20: $0.05260 | EMA50: $0.05049 ⚠️ Above EMA50
• Volume: $28.56M
📉 If yes, here's the plan:
Entry zone: $0.06229 – $0.06267
Stop loss: $0.06482
Targets: $0.05118 → $0.05068 → $0.04964
RSI extended from overbought — historically a high probability fade zone.
EMA20 rolling over — dynamic resistance replacing former support.
The best fades feel uncomfortable. Trust the data, not the hype.
$ZKC