$ZK — Resistance Pop Short Setup 📉

Entry Zone: 0.0255 – 0.0268

Stop Loss: 0.0282

Take Profit Targets:

TP1: 0.0240

TP2: 0.0225

TP3: 0.0205

Analysis:

$ZK spiked into a strong supply zone and failed to sustain above it. The bounce shows weak follow-through, with sellers actively absorbing bids at highs. Momentum is fading, and structure remains bearish — this appears to be a corrective pop, not a reversal, as long as price stays capped.

Trade strategy: Short into the resistance zone, manage risk with SL above 0.0282, scale out at targets.#ZK #downtrend #update #BiananceSquare