🚀 $ZKC Analysis: Parabolic Breakout Momentum
ZK is currently leading the charts with a massive +63.41% surge, trading at $0.1773. The 4H chart shows a powerful vertical move, successfully breaking through all major resistance levels.
📊 Technical View:
Trend: The price has exploded above EMA(7) ($0.1413), EMA(25) ($0.1188), and EMA(99) ($0.1130), confirming extreme bullish strength.
Momentum: RSI(6) is at an extremely overbought level of 98.43, suggesting a short-term cooling period or technical correction may be imminent.
📈 Long Setup (Trend Continuation):
Entry Range: $0.145 – $0.155 (Look for a retest of the EMA 7 support zone).
Targets: $0.184 (Recent local high), $0.210, $0.235.
Stop Loss: $0.135.
📉 Short Setup (Reversal/Scalp):
Entry: Rejection at the $0.185 psychological resistance with declining volume.
Targets: $0.141, $0.120.
Stop Loss: Above $0.192.
