$ZK pumped because price bounced strongly from the major demand zone near 0.020, where selling pressure was exhausted and smart money likely accumulated. On the 4H chart, ZK flipped bullish by reclaiming EMA 7, EMA 25, and breaking above EMA 99, signaling a clear trend shift from bearish to bullish. The impulsive move also triggered a short squeeze, forcing sellers to cover positions and accelerating the upside.
The breakout was supported by strong volume, confirming this was not a fake pump. Price faced resistance near 0.037 and is now consolidating around 0.029–0.030, which is healthy after a 30%+ move. As long as ZK holds above the 0.027–0.028 support zone, continuation toward higher resistance levels remains possible. ⚠️ Avoid FOMO—wait for confirmation or pullbacks.
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ZK
0.02288
+0.66%