🔍 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