Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
ZKC's recent market action is interesting — the short-term cycle is already clearly overbought. The 15-minute RSI has reached 85, and the 1-hour is even more exaggerated at 89, with MACD bars also approaching the limit. But looking at the 4-hour chart, the bullish structure is still intact, with RSI at 73, which makes things a bit complicated.
Key levels to watch: currently stuck at the psychological level of 0.140. Above are resistance levels at 0.145 and 0.150, while below are supports at 0.135 and 0.128. Trading volume has noticeably decreased in the past two days, which is a warning sign.
Honestly, there are two main strategies now. If volume breaks through 0.145 upward, it could confirm a bullish trend, targeting 0.150, with a stop-loss at 0.142. Conversely, if it falls below 0.135, it would be time to switch to a short position, targeting 0.128, with a stop-loss at 0.138. But given that RSI is too hot, I prefer to wait and see around 0.135, and only jump in once it stabilizes, or wait for a breakout above 0.145 to chase. Within the range of 0.135 to 0.145, it's better not to chase aggressively, as the risk-reward ratio isn't favorable.
Of course, this is just technical analysis; actual trading should also consider your own risk tolerance.
The shrinking volume is indeed dangerous. I think it's better to stay on the sidelines.
Don't get stuck in this range; just wait for a breakout.
Wait for 0.135 to stabilize before going up, don't follow the herd.
Being overbought in the short term is uncomfortable.
Decreasing volume is a signal of liquidity being released.
0.140 is stuck, really conflicted.
Breaking below 0.135 and going short is more reliable.
Thinking about bottom fishing but feeling hesitant.
This market has confused me, I am observing.
If it breaks through 0.145, I will follow; otherwise, I will stay flat.
The shrinking volume is a prelude to a crash.