ZKP/USDT Market Update 📊 | Binance Spot
$ZKP showed an explosive move, rallying nearly +47% and printing a local high at 0.1530 before facing strong rejection. The pullback indicates short-term profit-taking after an aggressive upside expansion.
Currently trading around 0.1173, price is correcting below short-term moving averages while maintaining a broader bullish structure above MA(99).
🔎 Key Levels to Watch:
📌 Resistance: 0.1250 – 0.1300
📌 Major Resistance: 0.1530
📌 Support: 0.1100
📌 Strong Support Zone: 0.0950
📈 Bullish Scenario:
A strong reclaim of 0.1250 with volume could trigger continuation toward 0.1400 – 0.1530.
📉 Bearish Scenario:
If 0.1100 fails to hold, price may retrace toward the 0.1000 – 0.0950 demand zone before establishing the next move.
After a sharp rally, consolidation or retracement is technically healthy. Watch volume confirmation and structure shifts before entering positions.
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