The recent surge of ZKP is a bit suspicious. After reaching 0.17765, it started to pull back and is now stuck at 0.16528, which looks like a typical main force distribution tactic.



From a technical perspective, there are several signals to pay attention to: First, the RSI(6) has already surged to 57.77, clearly entering the overbought zone. Second, although the MACD red histogram is still present, the increasing momentum is noticeably narrowing, and the DIF has just crossed above the DEA, which is a classic sign of momentum exhaustion. Third, the price is above the MA5 (0.16466) and MA10 (0.16319), but this kind of short-term moving average support in an overbought context often signals a trap for late buyers.

Therefore, my judgment is: this is not a new upward trend but a typical overbought correction, which could even develop into a bearish reversal. Opening a short position at 0.16528 is a good choice.

Set your stop-loss above the previous high at 0.17765. If the price fails to hold the pullback, it proves that the main force is indeed distributing. The first target is 0.15206 (the lowest price in 24 hours). If it drops further, watch the 0.15000 level.

Long-term holders should stay patient, while short-term traders should consider taking partial profits at support levels and avoid greed. Most importantly, beware of the main force reversing and smashing the market—overbought conditions are most prone to rapid plunges, and retail traders without psychological preparation will be washed out.
ZKP-7,57%
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AlwaysMissingTopsvip
· 01-10 03:12
Here is the translation: Once again, same old trick. I just want to ask how many people are trapped at 0.17765... --- RSI is already at 57, yet still dare to chase, serves you right for being washed out --- I've heard the prelude to a trap many times, but ZKP gave us a big rebound, hilarious --- Is it interesting to set such tight stop-losses on short positions? The main force can smash your stop-loss at any time --- Honestly, I'm more afraid of a sudden reverse surge. In overbought conditions, rapid dips are most likely to occur, but conversely, it's also easiest to be killed on a reverse short... --- Gradually exiting the position is still a reliable suggestion, don't clear everything at once --- Wait, isn't DIF crossing above DEA a golden cross, indicating there might still be an upward move? --- The group trapped at the high point must be hating the analysts now --- The 0.15000 integer level looks shaky; the rebound might be right here --- The main force is reversing to smash the market, retail investors are losing money, stories like this happen every year, ZKP is an old trick
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MEVEyevip
· 01-09 22:51
Oh no, it's the same old trick again. I think it's going to collapse. --- MACD narrowing does have some significance, but 0.15 isn't guaranteed to be reached. --- Still chasing after overbought? Do you really have the courage? --- If the main force really dumps this time, I'll be eating my keyboard live on stream. --- Gradual exit is real experience; greedy people should learn their lesson. --- Only when the high point hits 0.17765 and can't hold does it become believable. It's too early to say anything now. --- The integer threshold is indeed prone to rebounds. Don't be scared by a sell-off. --- I need to check the fundamentals before considering shorting at this price level. --- Retail investors being shaken out is normal; after all, we don't have the large holdings of the main players. --- RSI 57, I've seen crazier ones. A 3000x rebound wouldn't be surprising. --- Setting such a high stop-loss, if it really rebounds, you'll be out immediately. It's not worth it.
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MevWhisperervip
· 01-09 22:50
Is the main force still playing this trick? I felt a bit of a shock when I saw the high point at 0.17765. The smell of诱多 (fake breakout to attract buyers) is too strong, so I really need to be cautious.
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MidnightGenesisvip
· 01-09 22:49
On-chain data shows that the 0.16528 level is indeed a bit suspicious. The RSI is already in overbought territory, and based on past experience, this pattern is hard to sustain. It is worth noting that once DIF crosses above DEA, you should be alert.
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InscriptionGrillervip
· 01-09 22:43
I'm tired of this ZKP routine, it's the same old overbought trap trick. The main players really treat retail investors like fools. It shot up to 0.17765 and then ran away, now stuck at 0.16528, definitely cutting the leeks.
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CryptoDouble-O-Sevenvip
· 01-09 22:30
The main force's routine really has no new tricks, it's the same overbought trap to lure more buyers. Why does it always look so similar? Short positions are buried at 0.16528, betting on it to drop further. If it doesn't work, admit defeat and don't fight the market boss to the death. With RSI so high, those still daring to chase probably deserve a washout—retail investors' blood and tears history.
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