$ZKP /USDT pair, and it seems like you’re analyzing it for a short opportunity. Let’s break down what the data is telling us before making any decisions:
Current Snapshot:
Price: $0.1154
Change: +2.30% in one view, but the last reading shows -2.29% (likely intraday swing)
24h High / Low: $0.1262 / $0.1090
24h Volume: 588.48M ZKP / 70.40M USDT
Chart Hints (from your numbers):
Price is closer to the low end of its 24h range → could indicate support around $0.1090.
Resistance appears around $0.1262.
Recent price movement shows a slight pullback from $0.117–0.115.
Short Strategy Considerations:
Trend Check: Shorting makes sense if ZKP is showing a downtrend or failure to break resistance.
Price dropped from $0.1170 → $0.1154. Could continue if bearish momentum continues.
Support/Resistance: Watch $0.1090 as#ScrollCoFounderXAccountHacked #ETHWhaleMovements