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$ZKP ZKPUSDT is experiencing a sharp increase of +8.74% in 24 hours, pushing the price from the current low of 0.07292 to 0.08055. The large green candle on the 1h frame shows that the buying force is clearly dominating, the price has broken all the MA lines (MA5: 0.07833 - MA10: 0,07668 - MA20: 0.07558) and is trading on all moving averages.
Positive points:
• Momentum increased sharply, long green candle with good support volume (3.18M ZKP).
• The price has surpassed the short-term resistance, the distance to the 24-hour peak of 0.08128 is still quite close.
• The price structure is turning to a clear uptrend.
Transaction recommendation:
• Buy in the area of 0.0780 - 0.0800.
• Stop-loss: 0.0755 (below MA20).
• Short-term target: 0.0850 - 0.0880.
Overall, ZKP is in a good breakthrough period on the short-term frame. Suitable for momentum trading, but it is necessary to monitor the volume and reaction in the 0.08128 area to take profit in time.
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