$ZK Perpetual trades at ~0.027 (+11.84%), setting up a SHORT on overextended momentum into the 0.0274–0.0278 entry zone.
Trade Setup
This bearish perp play follows your $ZEN short and contrasts recent longs like $SOPH /$OPEN—enter on rejection for TPs at 0.0270, 0.0265, 0.0260 (~7% downside), with SL at 0.0283 capping risk at ~3%.
Key Levels
• Entry: 0.0274–0.0278 (fade the pump).
• Targets: 0.0270 (quick scalp), 0.0265–0.0260 (extension).
• Stop: 0.0283 invalidates above daily high structure.
