Technical Analysis and Trading Plan $ZKP /USDT
Coin Name: $ZKP (zkPass)
Entry:
Aggressive: 0.17200 - 0.17500 (entry in the current consolidation zone)
Conservative: 0.16800 - 0.17000 (waits for a small pullback towards the local support)
Take Profit (TP):
TP1: 0.18250
TP2: 0.19145 (targets the 24-hour high)
TP3: 0.20000 (important psychological level)
Stop-Loss (SL):
SL: 0.16500 (placed below the recent consolidation low)
Resistance and Support:
Resistance: 0.18250 → 0.19145 → 0.20000
Support: 0.17000 → 0.16800 → 0.16500
Strategy:
ZKP has recorded a strong increase (+42.79% in 24h) and is now consolidating after reaching a high of 0.19145. The strategy is to enter during this pause (consolidation), anticipating a continuation of the upward trend. An entry in the 0.17000-0.17500 zone offers a good risk/reward ratio. A breakout above 0.18250 could confirm continuation toward the 24-hour high and beyond. The Binance announcement about "zkPass" could fuel volatility.
Hashtags:
#ZKP #zkPass #ZKPUSDT #CryptoSignal #Binance #TechnicalAnalysis #CryptoTrading #Altcoin