$ZKP

ZKP

0.0946

-1.45%

$ZKP is moving perfectly according to my plan 🤝🔥

The market delivered a clear exhaustion spike, confirming weakness at higher levels and validating the short bias. After a strong but unsustainable push upward, price entered a key resistance zone where selling pressure started to dominate. This setup signals that buyers are running out of momentum and a corrective move is likely underway.

Short Setup Details:

Entry Zone: 0.1040 – 0.1080

This area represents a premium zone where price previously showed rejection. Ideal for scaling into shorts as liquidity gets taken above highs.

Take Profit Targets:

TP1: 0.0980 – First support and partial profit level

TP2: 0.0920 – Strong demand zone and continuation confirmation

TP3: 0.0850 – Major support and full move completion

Stop Loss: 0.1135

Placed above the exhaustion high to invalidate the setup if price reclaims strength.

Overall structure remains bearish below resistance, and as long as price stays under the stop level, the downside targets remain in play 📉💪