ZK is showing healthy market participation as it cools off after a sharp upward expansion in the current trading range.
• Price is holding around 0.02811 USDT, up 28.59% on the day, reflecting strong demand without signs of panic selling after the spike.
• Intraday price action tested 0.03735 before pulling back, suggesting heavy profit-taking at higher levels rather than a breakdown in overall structure.
• Trading activity surged significantly during the rally, and volume has decreased during the pullback, a typical sign of healthy consolidation after a parabolic move.
• On the 1-hour timeframe, price is sitting between the 9-EMA (0.02871) and 15-EMA (0.02789), pointing to short-term consolidation as the market digests recent gains.
• Support is clearly established at 0.02000, while immediate resistance is forming around the EMA(9) and the recent high near 0.03735, keeping price within a well-defined recovery range.
Overall, ZK appears to be in a pause-and-decide phase. Momentum has cooled, but participation hasn’t faded. As long as price holds above the EMA(15) and volume remains constructive, the market structure stays bullish.
