ZKP(ZKPUSDT) Recent performance has attracted a lot of attention. From the 1-hour candlestick chart, this coin rebounded from 0.11922 to 0.18490, with a significant increase. Currently, the price is consolidating around 0.15856. How should we view this stage?

On the technical side, there are several details worth noting. The Bollinger Bands show the price oscillating between the upper and lower bands, currently tightly hugging the middle band. This pattern usually indicates the market is accumulating strength. Regarding the MACD indicator, the DIF line remains steadily above the DEA line, and the histogram continues to expand—this suggests that buyers have not truly exited, but are just adjusting their positions.

However, relying solely on technical analysis can easily lead to false breakouts. On-chain data provides another perspective. Recently, ZKP's on-chain activity has increased, with frequent large transfers and a gradually more concentrated holding distribution, which typically indicates that strong players are quietly positioning themselves. On the news front, the ZKP ecosystem has recently announced several collaborations, and technical iterations are underway. Once these events materialize, combined with the current technical pattern, they could serve as a trigger point.

In simple terms, the key level is at 0.18490. If a volume breakout occurs, the next target is around 0.23, marking a genuine upward phase; conversely, if it falls below 0.14751, short-term correction risks increase. But from a medium- to long-term perspective, even if a correction occurs, the bottom cost is around 0.12, providing a certain safety margin in this range.

The crypto market never waits. Opportunities often belong to those who are willing to carefully observe data and wait for confirmation signals.