$ZKP /USDT — Momentum Just Snapped
15M chart tells a clear story: after tagging 0.1329, ZKP lost steam and rolled over hard. Price is now trading around 0.1188, printing a sharp selloff to 0.1175 — and it’s happening below MA(7), MA(25), and MA(99). That’s bearish alignment, no sugarcoating.
Volume expanded on the dump, confirming real selling pressure, not just a wick hunt. The bounce we’re seeing looks reactive, not a trend shift.
Key Levels
Support: 0.1175 → 0.1150
Resistance: 0.1215 → 0.1260
As long as price stays capped under 0.121–0.123, rallies are likely to be sell-the-bounce setups. Bulls need a strong reclaim above the moving averages to flip the script — until then, bears are in control.
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