ZKUSDT Bullish Cup and handle PatternZKUSDT technical analysis update
ZKUSDT price has formed a cup and handle pattern on the 4H chart and is currently forming the handle. Once the price breaks the cup and handle neckline, we can expect a strong bullish move.
Buy Level: after breakout confirmation 4H chart, above $0.155
Stop Loss: $0.140
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Hexa
Zkusdtanalysis
ZKUSDT Ready for a Breakout or About to Fail?Yello, Paradisers! ZKUSDT has formed a classic cup-and-handle pattern, and it looks like it’s about to challenge the key resistance trendline. But is this the moment we’ve been waiting for?
💎If ZKUSDT successfully breaks through both the resistance trendline and the resistance zone, it will validate the cup-and-handle pattern, significantly increasing the odds of a strong bullish move.
💎However, if we see a pullback, we can anticipate a bounce from the support zone—but to truly tip the scales in our favor, we’ll need to see an I-CHoCH (Internal Change of Character) on lower timeframes.
💎On the flip side, if ZKUSDT breaks down and closes candle below the support zone, it will invalidate our entire bullish thesis. In that scenario, it’s wiser to stay patient and wait for clearer price action to form before jumping back in.
🎖As always, discipline and patience are your best tools in these situations. If you're serious about consistent profits, waiting for high-probability setups is key. Trade smart, Paradisers! Stay focused and keep mastering your strategy to be in the winner's circle.
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