$ZKC /USDT – Bullish Breakout Expected
Technical Analysis:
$ZKC/USDT has shown strong bullish momentum, breaking above recent resistance levels around $0.1200. The price is currently consolidating near $0.1282 after a significant 29.63% surge in the last 24 hours. Volume has spiked to 91.99M ZKC, indicating strong buying interest. The next major resistance lies near $0.1407, which could act as the immediate target.
Trade Setup:
Entry Range: $0.1250 – $0.1285
Target 1: $0.1400
Target 2: $0.1480
Target 3: $0.1550
Stop Loss (SL): $0.1180
Short-Term Outlook:
The market is showing bullish continuation signals. If price fails to hold the $0.1250 support, a short-term pullback to $0.1200 is possible before resuming upward momentum.
Short Outlook of Market:
A break below $0.1180 could trigger a bearish reversal, with the next support levels near $0.1100 and $0.1000. Traders should monitor volume and price action closely to avoid late entries on a potential retracement.
