$ZKC /USDT Chart Analysis

Price: 0.1094 USDT

Change: +10.72% (Intraday High/Low: approx. 0.0980 – 0.1100)

Reason:

Strong volume surge with 24h volume hitting 63.78M USDT accompanied by a solid 6.35% price pump confirms genuine buying interest. Notably, retail traders are reducing futures exposure (-122k USDT outflows), while smart money accumulates spot (+142k USDT inflows), signaling underlying bullish demand. Momentum remains alive after yesterday’s volume spike.

Key Levels:

Support: 0.0940 (critical bullish threshold), 0.0980–0.1000 (strong psychological and technical support zone)

Resistance: 0.1091 (primary), 0.1160 (secondary), 0.1238 (extended target)

Trend:

Cautiously bullish—consolidation phase with a positive bias, supported by spot accumulation and volume momentum.

Trade Idea:

If price holds above 0.0940 and respects the support zone (0.0980–0.1000), consider entering longs with tight stops. Targets set progressively at 0.1091, 0.1160, and 0.1238. Maintain small position sizes due to negative funding rates and perpetual contract outflows, indicating some risk.

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