đ Why $ZKP Price Pumped â Detailed Analysis (ZKP/USDT)
ZKP experienced a sharp pump due to a combination of technical breakout, liquidity sweep, and narrative strength.
đ 1. Liquidity Grab & Reversal
Price first swept major sell-side liquidity near $0.076â0.078, triggering stop-losses of weak holders.
After this liquidity grab, strong buyers stepped in aggressively, causing a V-shaped reversal.
đ 2. High Volume Confirmation
The pump was backed by exceptionally high volume (500M+ ZKP), confirming this was real demand, not a fake move.
High volume + long green candle = institutional / smart money interest.
đ„ 3. Structure Break (BOS)
ZKP broke above its previous short-term resistance, flipping market structure from bearish â bullish on lower timeframes.
This attracted momentum traders and scalpers.
đ§ 4. Narrative Strength: Zero-Knowledge Infrastructure
ZKP belongs to the Zero-Knowledge Proof (ZK) narrative â a hot infrastructure sector.
Whenever ZK tokens move, rotational capital flows quickly, amplifying pumps.
⥠5. Short Covering Effect
After the dump, many traders opened short positions expecting continuation.
Once price reversed, shorts were forced to cover, accelerating the upside move.
đŻ Key Levels to Watch
Support: $0.085 â $0.088
Major Support: $0.076
Resistance: $0.105 â $0.110
Breakout Zone: Above $0.11 with volume
â continuation likely