$ZKC saw long liquidations near $0.118, indicating a downside liquidity sweep. This often clears weak hands and prepares the market for a potential relief move. The next phase depends on whether buyers reclaim this zone with strength. If price holds and builds structure, a rebound could follow. However, lack of volume would signal continued weakness. Traders should let price prove itself before entering positions. Liquidity sweeps offer opportunity, but only when combined with confirmation. Avoid assuming reversals without evidence in volatile market conditions.
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ZKC
0.1224
+1.66%