đ±$ZKP is still in a downtrendđŹwatching this level closely.đš
đ Market Structure:
ZKP is still in a clear downtrend. Price keeps making lower highs & lower lows.
đŽ Key Resistance:
The red horizontal line (~0.13â0.14) is a strong supply zone.
Price was rejected multiple times here â sellers are defending this area hard.
đą Current Price:
Around 0.116, sitting near local support.
đ What This Means:
As long as price stays below 0.13â0.14, bias remains bearish
Any move into resistance = sell pressure likely
Bulls need a strong breakout & close above resistance to flip trend
â ïž Trading Plan Idea (Not Financial Advice):
Conservative traders: Wait for confirmation
Aggressive traders: Watch for rejection at resistance
Invalidation: Strong close above 0.14
đĄ Lesson:
Donât chase pumps in a downtrend. Let price come to your level.
