ZKP Short-Term Trend Analysis: This rebound looks fierce, but the details reveal the true intentions of the main players.



From the candlestick pattern, ZKPUSDT hit a high of 0.17765 on the four-hour chart and then started to turn around, with this high point being very precisely resisted. Looking further down, the MA60 moving average is firmly pressing down at 0.16625, indicating strong medium-term resistance. The RSI indicator has already approached 57.3761, and is about to enter the overbought zone, which is not a good sign.

The MACD is even more interesting—there's almost no increase in the red histogram, showing signs of weakening, combined with the price facing resistance and falling back from high levels, suggesting heavy distribution by the main players.

From a trading perspective, the current price at 0.16554 can be considered for short positions. Set the stop-loss below the previous high at 0.17765 to keep risk manageable. The first target is around 0.16000; if broken, look further down to 0.15500.

Don’t rush to hold trend orders, and short-term traders should avoid chasing rallies. The best approach is to wait until the main players have fully distributed, confirm the trend direction, and then go short.
ZKP-6.4%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
StealthDeployervip
· 13h ago
It's the same old trick again. Before the main force dumps, they always try to lure more buyers in. It looks satisfying, but it doesn't feel good for the account.
View OriginalReply0
GateUser-0717ab66vip
· 13h ago
It's the same tactic of the main force offloading. Is this really going to break the support this time, or are they just going to reverse and cut again?
View OriginalReply0
MetaLord420vip
· 13h ago
The main force is clearly unloading, yet people are still chasing the rally. Truly incredible.
View OriginalReply0
AllInAlicevip
· 13h ago
The main force is really dumping, and the MACD failure red bars can't fool anyone.
View OriginalReply0
zkProofGremlinvip
· 13h ago
Wait, does this MA60 really suppress so much? I feel that the 0.17765 level isn't that sacred either. If the main force really wanted to dump, they would have done it long ago. Now that it's twisting and turning like this, I believe it even less. MACD failure? It doesn't look like it to me. Maybe this guy is looking at it the wrong way haha. The most cowardly thing in such times is to short based on subjective guesses. It's better to wait until a break of support. Honestly, I never believe in clear stop-loss points for analysis. Where does the market listen so obediently?
View OriginalReply1
FreeRidervip
· 13h ago
The signs of major players offloading are so obvious, yet some still dare to chase the rally? Truly mind-blowing.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)