Current Price: 0.1783 (+72.77% in 24h) 24h High / Low: 0.2365 / 0.1032 24h Volume: 171.23M ZKP | 32.92M USDT
Market Observations:
$ZKP has posted a sharp 72% rally, largely fueled by short-term momentum and hype. Price is now consolidating around 0.178, which often signals profit-taking after such an aggressive move.
Strong resistance remains in the 0.200–0.220 zone, with the recent high at 0.2365 acting as a major rejection level.
• RSI: Likely overbought after the spike → short-term pullback possible • Volume: Still high but showing signs of slowing momentum • Trend: Overall uptrend intact, but a healthy correction is expected
Short-Side Consideration (High Risk) Potential Short Entry: 0.1780 – 0.1800
Targets:
🎯 0.1600 🎯 0.1400
Invalidation: Strong breakout and hold above 0.200
⚠️ This is a counter-trend short, suitable only for experienced traders. Risk management is critical.