$ZK is currently trading around 0.0289, showing a -2.3% pullback over the last 24 hours. After a failed push toward the 0.0296–0.0300 zone, price was rejected sharply, printing a clear lower high. On the 1H timeframe, consecutive bearish candles and long upper wicks signal strong selling pressure. Momentum is fading, and buyers are losing control as price slips back toward intraday support.

If this structure holds, a deeper move looks increasingly likely unless bulls reclaim the rejection zone with volume.

Trade Setup (Bearish Bias)

• Entry Zone: 0.0292 – 0.0295

• Target 1 🎯: 0.0284

• Target 2 🎯: 0.0276

• Target 3 🎯: 0.0268

• Stop Loss: 0.0302

As long as price stays below 0.0296, the trend favors continuation to the downside. A clean break below 0.0287 could accelerate the drop toward lower liquidity zones.

However, if 0.0302 is reclaimed with strong volume, the bearish setup is invalidated and momentum may quickly flip bullish.

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ZK
ZK
0.01989
+4.08%