The dead cat bounce is losing its last life.
$ZKP /USDT โ Lower Lows Resume ๐
Another weak +9% pump that's already failing. Price is making a clear lower high and is about to roll over. The volume is anemic. This isn't a recovery; it's a reload for the next leg down.
๐ด SHORT SETUP
๐ Entry Zone:
0.0950 โ 0.0965
๐ฏ Targets:
๐ฅ TP1: 0.0900
๐ฅ TP2: 0.0870
๐ฅ TP3: 0.0840
๐ Stop-Loss:
0.0980 (Above the local high and recent swing)
Why This Could Work (trader logic only)
โ Lower High Confirmation: This rally failed to reach the prior bounce high (~0.1042). Downtrend intact.
โ Weak Rally, Strong Fall: The pump lacks volume, while sell volume on the way down was heavy.
โ Macro Momentum Down: The 7-day chart is still down -26%. This is a counter-trend blip.
โ ๏ธ Important Rule:
Wait for price to break below the immediate support and confirm the rollover. A swift move above 0.0980 could trigger a run towards 0.10. This is a momentum fadeโenter on the breakdown, not the top.