🔍 Why $ZKP Price Pumped – Detailed Analysis (ZKP/USDT)

ZKP experienced a sharp pump due to a combination of technical breakout, liquidity sweep, and narrative strength.

📊 1. Liquidity Grab & Reversal

Price first swept major sell-side liquidity near $0.076–0.078, triggering stop-losses of weak holders.

After this liquidity grab, strong buyers stepped in aggressively, causing a V-shaped reversal.

📈 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.

🔥 3. Structure Break (BOS)

ZKP broke above its previous short-term resistance, flipping market structure from bearish → bullish on lower timeframes.

This attracted momentum traders and scalpers.

🧠 4. Narrative Strength: Zero-Knowledge Infrastructure

ZKP belongs to the Zero-Knowledge Proof (ZK) narrative — 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.

🎯 Key Levels to Watch

Support: $0.085 – $0.088

Major Support: $0.076

Resistance: $0.105 – $0.110

Breakout Zone: Above $0.11 with volume → continuation likely