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🚨 $ZKJ BLEEDING -13.4% — Bounce Incoming or Bloodbath Continues? 🔥
After a massive capitulation candle straight into a major demand zone, this is **NOT** the time to blindly short. Short squeeze or violent bounce risk is extremely high right now.
Aggressive Breakdown:
• High-probability setup: Wait for a sharp reversal at 0.01328–0.01141
• If you see a strong bullish engulfing, big wick, or pin bar on 5m/15m → **LOAD UP LONG** for a quick scalp
• Targets: **0.01599** (first target) → **0.01853** (next leg)
• Stop-loss: Just below the fresh swing low
If price instead smashes through 0.01141 with heavy volume and holds below, then we flip and hunt shorts toward 0.01032 on a weak retest.
But right now?
Smart money is likely accumulating here.
Don’t chase the dump. Wait for the reversal candle like a pro.
Bounce or more pain?
Reply LONG if you’re hunting the bounce, SHORT if you want more downside, or WAIT if you’re watching for confirmation! 👇
Not financial advice | DYOR only
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Ansvarsfriskrivning: OKX Orbit-innehåll tillhandahålls endast i informationssyfte. Läs mer
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