This $ZKP move looks like a bull trap unless buyers show more strength.

$ZKP - SHORT

Trade Plan:

Entry: 0.06610 – 0.06640

SL: 0.06715

TP1: 0.06535

TP2: 0.06505

TP3: 0.06444

Why this setup?

4h chart signals a SHORT setup, contingent on this zone holding as resistance. Price is currently in the 0.06610 – 0.06640 range near 0.06625, with the 1D timeframe still range-bound. RSI 15m at 23 confirms timing (momentum is stretched, requiring patient entries). 15m volume of 1.16M contrasts with a 289.63K quarter-hour 1H baseline (4.00x), indicating seller pressure.

Debate:

Will price reclaim this zone, or fail before reaching TP1?

Click bellow for trade 👇