# ZKP/USDT Technical Analysis
$ZKP /USDT pair is currently trading at $0.1019, showing a modest +2.41% gain in the last 24 hours. The price action reveals a volatile trading session with the 24h high reaching $0.1530 and the 24h low dipping to $0.0955, indicating significant intraday swings. The current price is trading below the MA60 ($0.1025), suggesting short-term bearish pressure, though the recent uptick shows signs of recovery attempts.
The trading volume stands at 276.08M ZKP ($31.54M USDT), which demonstrates active market participation. The MA(5) at 29,534.9 remains below MA(10) at 59,484.7, indicating weakening momentum in the short term. Looking at the broader timeframes, the token shows mixed performance: -14.23% today, +18.63% over 7 days, but significant drawdowns of -33.92% over 30 days and similar losses across 90 and 180-day periods.
The price is currently consolidating near the $0.1019 level, attempting to establish support after rejecting from the daily high. The technical setup suggests cautious positioning given the high volatility and recent downtrend over the past month.
**Entry Point:** $0.0980 - $0.1020 (current accumulation zone with support building)
**Stop Loss:** $0.0920 (below the recent 24h low to protect against further downside)
**Exit Points:**
- Target 1: $0.1150 (short-term resistance, ~13% gain)
- Target 2: $0.1280 (medium-term target, ~25% gain)
- Target 3: $0.1450 (aggressive target near 24h high, ~42% gain)