ZKC is trading at $0.1082, maintaining its position above the $0.1033 support level after a recent rebound. The cryptocurrency is currently constrained by a resistance level at $0.1115, which has limited its upward movement. Despite this, ZKC has gained 2.1% in the previous trading session, reflecting a stable price action within a narrow technical range.
The price action indicates a strong support zone, with recent candles showing stability around this level. This has led to a focus on the interaction between the support and resistance levels, rather than broader market trends. Momentum indicators suggest gradual improvement, although the price has yet to break through the $0.1115 resistance to confirm a range expansion. The current setup mirrors previous conditions before a significant upward move, with BTC's valuation also rising by 1.9%, supporting short-term strength.
ZKC Maintains Support Above $0.1033 Amid Resistance at $0.1115
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