-ZK continue to trail below the trendline resistance -The price is currently rejected by the 50D MA -We haven't seen any strong move up by the Bulls -ZK is now -60% from the high price -When do we expect any potential reversal? -Since we have lost the 50D MA area -The next important key level of support is at 5 dollars -This is very crucial and the Bulls must defend this region -The 5 dollar area has been resistant and flips to support before -If we will see the same reaction last time -I think this area is a high probable for short term reversal -The 100D MA also coincide in this area which may act as support if tested -This is a wait and see scenario planning -So please make sure you have proper risk management -Never go all-in and always protect your capital -I will update this idea once I see a good sign of strength -For now, be patient and wait for the correct signal to enter
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