Recently, ZK's performance has indeed been worth paying attention to. ZKUSDT has risen from the low of $0.03322, and has been oscillating between $0.03400 and $0.03450, repeatedly consolidating. Every time it dips, buy orders step in. This kind of repeated foundation-building movement is actually accumulating upward momentum.
A few days ago, the price finally broke out upward, surging to a new high of $0.03555. Although it then slightly retreated to $0.03491, the intraday increase still reached 3.41%. From a trading volume perspective, the 24-hour trading volume exceeded 14.61 million USDT, with a trading volume of 426 million, which significantly increased during the surge. This indicates that a lot of big funds are following in, and it’s not just retail investors driving the move.
From a cycle analysis perspective, the 7-day increase reached 9.44%, with a gradually strengthening trend signal. Although the 30-day change is still -1.08%, and the 90-day is -17.76%, there is indeed medium-term pressure, but the short-term upward trend has already been established.
If you want to participate in this wave of market, my advice is:
**Entering the market like this** — Don’t chase high prices; be patient and wait for a pullback. Wait until the price returns to the $0.03400-$0.03450 range to add small positions, using the recently formed key support level as a basis for your layout. This approach is more prudent.
**Here’s how I see the target levels** — The first target is $0.03500, which is a psychological barrier. The second target is $0.03550. If it can break through the previous high, there’s a chance to reach $0.03600.
**Risk control is the most important** — Set your stop-loss at $0.03350. Once it falls below this price, the short-term rally is likely to be broken, and you should consider exiting.
Overall, this ZK movement is like an athlete sprinting — the previous phase was about building momentum, and now it’s in the explosive stage. The bulls’ energy has accumulated enough; as long as $0.03350 holds, the outlook remains bullish. I advise those who want to short to stay on the sidelines for now, as this kind of breakout to new highs can easily crush counter-trend positions. For those going long, patience is key: wait for a correction to buy low, so you can more stably profit from this wave.
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Recently, ZK's performance has indeed been worth paying attention to. ZKUSDT has risen from the low of $0.03322, and has been oscillating between $0.03400 and $0.03450, repeatedly consolidating. Every time it dips, buy orders step in. This kind of repeated foundation-building movement is actually accumulating upward momentum.
A few days ago, the price finally broke out upward, surging to a new high of $0.03555. Although it then slightly retreated to $0.03491, the intraday increase still reached 3.41%. From a trading volume perspective, the 24-hour trading volume exceeded 14.61 million USDT, with a trading volume of 426 million, which significantly increased during the surge. This indicates that a lot of big funds are following in, and it’s not just retail investors driving the move.
From a cycle analysis perspective, the 7-day increase reached 9.44%, with a gradually strengthening trend signal. Although the 30-day change is still -1.08%, and the 90-day is -17.76%, there is indeed medium-term pressure, but the short-term upward trend has already been established.
If you want to participate in this wave of market, my advice is:
**Entering the market like this** — Don’t chase high prices; be patient and wait for a pullback. Wait until the price returns to the $0.03400-$0.03450 range to add small positions, using the recently formed key support level as a basis for your layout. This approach is more prudent.
**Here’s how I see the target levels** — The first target is $0.03500, which is a psychological barrier. The second target is $0.03550. If it can break through the previous high, there’s a chance to reach $0.03600.
**Risk control is the most important** — Set your stop-loss at $0.03350. Once it falls below this price, the short-term rally is likely to be broken, and you should consider exiting.
Overall, this ZK movement is like an athlete sprinting — the previous phase was about building momentum, and now it’s in the explosive stage. The bulls’ energy has accumulated enough; as long as $0.03350 holds, the outlook remains bullish. I advise those who want to short to stay on the sidelines for now, as this kind of breakout to new highs can easily crush counter-trend positions. For those going long, patience is key: wait for a correction to buy low, so you can more stably profit from this wave.