$ZKP đđ„
ZKPUSDT Near ATL | Relief Bounce or Dead Cat? đ
ZKP remains under pressure after a prolonged downtrend, trading just above its all-time low zone, with a short-term bounce attempting to form. Structure still favors sellers unless key resistance flips.
𧩠Market Structure
Clear lower highs + lower lows on 1H
Breakdown from 0.11 â 0.08 confirmed bearish continuation
Recent sharp wick from 0.0768 (ATL zone) showing demand reaction
Current move = relief bounce inside bearish structure
đ Key Levels
Support
0.0768 â ATL demand base
0.0800 â short-term hold zone
Resistance
0.0955 â immediate supply (current rejection area)
0.1100 â breakdown level
0.1350 â macro resistance
đ Volume Insight
Spike volume on the bounce â short-term buyers active
Overall declining trend volume â weak follow-through
Order book slightly bid-heavy, but not enough for reversal confirmation
âïž Bias
Mid-term: Bearish
Short-term: Oversold rebound possible
Reclaiming 0.095â0.10 = strength
Losing 0.0768 = fresh leg down likely
Plan: Fade rallies into resistance until structure flips bullish.
