ZKIN: What's Next?

On May 13, the price tested a strong support area near $ 4.20. After that, we can clearly see a very strong bullish reaction after the price broke out from the channel raising the price above by almost 20%.
So the $ 4.20 blue zone showed us that buyers were well-positioned there for a bullish move. The price may now move higher, but there is also the possibility of a retest of the support area again.

Targets:
$5.60
$6.30
$6.88

Trade carefully!

Thank you and Good Luck!

🛑Disclaimer🛑
The content of this analysis is subject to change at any time without notice. Trading leveraged products carry a high level of risk and may result in you losing substantially more than your initial investment. This is not financial advice.