🔥$ZKP is doing THAT thing again... With normal volume and no clear trend indicated by the EMA200, we're looking at a potentially volatile play. The MACD histogram is slightly positive, which could indicate a buying opportunity. However, with extreme volatility at 4.32%, we need to be cautious. It's time to get serious about our trading strategy.
ZKP | LONG🟢
💰Price: $0.12
📊Market Dashboard:
• Vol: $70.19M | OI: $6.83M
• Range: 0.11 - 0.12
• Funding: -0.0126%
• Mark: 0.11868014 | Index: 0.1188303
🎯Entry Zone: 0.116 - 0.1175 (Pullback to a support zone below the current price)
🛑Stop Loss: 0.112 (Calculation: 1.5x ATR (0.0051) below the entry zone, adjusted for market context)
💰Targets:
1. 0.122 (TP1: Above the recent swing high)
2. 0.128 (TP2: Previous resistance level)
3. 0.135 (TP3: Moonbag target, considering the extreme volatility)
⚖️Leverage: Cross 5x-7x (Adjusted for Extreme (4.32%) Volatility)
🔑Key Drivers:
- Normal volume indicating a potential breakout
- Slightly positive MACD histogram suggesting a buying opportunity
- Extreme volatility requiring cautious trading
⚠️RISK WARNING: High leverage = High risk. Manage your bankroll!
⚠️CTA:👉Real ones click the chart to see the full picture🖼️
#ZKP #CryptocurrencyTrading #VolatilityMatters
