Price exploded higher and then shifted into a tight range instead of giving the move back. $ZKC pushed impulsively from the lows, rejected once near the upper zone, and is now compressing between clear support and resistance. This kind of sideways behavior after expansion usually reflects balance and absorption rather than distribution. As long as price continues to hold above the lower boundary, the structure favors another upside attempt.

Trade Setup

Entry: 0.1210 – 0.1240

Target: 0.1300 | 0.1380

Stop Loss: 0.1150

Do you see this range as a healthy pause before continuation, or does $ZKC need more time to build strength before the next move?