-ZKIN broke out of the trendline resistance a few days ago -And the price started trading above 6 dollars range -Currently, we can see the ZK is showing a little weakness -This may lead to a potential retest of the 100D MA support -If the 6 dollar support failed to hold in the coming days -I think to go down to mid 5 dollars range where the 100D MA is located -This will be the second retest of the support and potential act as support again -But if we don't see any pullback, this could play out a mini bull flag -And target the $8 to $9 resistance zone next week -For me, the major support is at 4.8 dollars -As long this level will hold until the midterm -I think any bullish scenario still considered -But the only question now is the chances of probabilities -In terms of risk management, 4.8 dollars is our exit point -Please always trade responsibly and follow your set of rules -Have a nice day everyone!
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