📊 $ZK Market Analysis – 1H Chart

Current Price: $0.0573 (+8.52%)

RSI (7): 72.27 – Overbought Territory

24H Range: $0.0522 – $0.0574

Breakout Confirmed:

Price just broke above the $0.055 zone with strong bullish candles and increasing volume — this signals a valid breakout.

📈 Moving Averages:

MA(7): $0.0564 (acting as support)

MA(25): $0.0544

MA(99): $0.0539 (major support now)

All MAs are aligned for a bullish trend.

⚠ RSI @ 72+:

Momentum is strong, but RSI suggests a cooldown or sideways move might be near. Not ideal for fresh entries unless it dips.

📊 Volume Spiking:

Strong buyer interest, especially in the last few hours. But slightly declining volume may hint at a short-term pause.

🧠 Conclusion:

Trend: Bullish

Outlook: Minor pullback likely → then continuation if $0.055 holds

Buy Zone on Dip: $0.054–$0.055

Short-Term Target: $0.060–$0.062

Breakdown Level: Below $0.0539 – trend weakens.

⏳ Wait for a dip or confirmation candle above $0.0575 for safer entry.

💡 High risk for short-term traders due to RSI — ideal for momentum-based plays.

#ZK #Binance #BTC #BinanceSquareFamily

$ZK

ZK
ZKUSDT
0.02161
-4.84%