Headline: $ZKP Market Update: Distribution Phase Confirmed?
Looking at the current tape for $ZKP , the failure to sustain rallies is a massive red flag. We are seeing a classic breakdown of market structure. The 0.118 level has flipped from support to heavy resistance, and sellers are now front-running every minor recovery.
Strategic Execution:
Entry: Looking for fills between 0.114 and 0.117.
Downside Targets: We are eyeing the 0.108 level for a quick scalp, with a secondary target at 0.102 if the sell-off accelerates.
Risk Management: Strict SL at 0.120. If we reclaim this level, the bearish thesis is void.
Summary: This isn't a guess; it's a momentum play. Stay disciplined.
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