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$ZKP USDT Bullish Breakout and Accumulation Setup on Rising Wedge Formation
The ZKPUSDT perpetual chart shows a clear bullish market structure: an initial impulse push from 0.12378 to 0.15396, followed by a shallow pullback that consolidated near 0.13887, forming an accumulation zone. The recent candle breakout above the wedge's upper trendline signals a potential continuation of the uptrend.
Key Levels
Support zone: 0.1388 – 0.1400
Breakout trigger: 0.1460
Major resistance: 0.1569
Long Trade Plan
Entry range: 0.1450 – 0.1465 on confirmation of breakout close above 0.1460
TP1: 0.1500
TP2: 0.1540
TP3: 0.1580
Stop loss: 0.1390
Market Sentiment
The 24h volume spike to 28.72M ZKP indicates strong buyer interest backing the breakout. Moving averages align bullishly, showing buyer strength over sellers. Confirmation for continuation requires a sustained candle close above 0.1460 with increasing volume and a follow-up bullish candlestick pattern.
Trading Signal: BUY ZKPUSDT on break and hold above 0.1460.
Confirmation needed: Volume-weighted close above breakout trigger with bullish candlestick confirmation for sustained upward momentum.
#BitcoinGoldBattle #DrHan2025YearEndOpenLetter #CryptoMarketPrediction