Technical Snapshot: $ZK 6h Bearish Momentum Persists 📉
The 6-hour chart of $ZK indicates a prevailing bearish trend with weak momentum. Price action remains below critical resistance levels, suggesting further downside potential unless a clear bullish reversal forms.
Price trades near the recent swing low at approximately 0.0265, with support around 0.0246. Resistance is identified near 0.0280, where a break with strong bullish signals would be needed to shift the current negative bias. In absence of reversal confirmation, the outlook favors continuation lower. Traders should monitor for reversal candlestick patterns before considering longs, while short setups remain preferable under current conditions.
