【$ZKJ Signal】Pullback on Long + Massive Breakout Confirmed on Retest

$ZKJ 1H timeframe is currently in a healthy retracement after a massive rally. A single epic bullish candle on the 4H chart (+16%) confirmed a bottom reversal. The current price is supported near the 1H EMA20 (0.0230), which is a typical retracement after a breakout and an excellent opportunity for a second entry.

🎯 Direction: Long (Long)

🎯 Entry/Order: 0.0238 - 0.0240 ( Reason: Retest of the 1H EMA20 support zone, also the midpoint of the massive K-line )

🛑 Stop Loss: 0.0229 ( Reason: Break below the low of the massive initiating candle at 0.02267, structure broken )

🚀 Target 1: 0.0263 ( Reason: Previous high resistance, also the intraday high )

🚀 Target 2: 0.0280 ( Reason: Previous wave high on the 4H chart, 1.618 Fibonacci extension level )

🛡️ Trading Management:

- Position Size Suggestion: Standard position ( Reason: Confirmed bottom volume on 4H, high probability of trend resonance )

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price strongly breaks through 0.0263, hold the remaining position towards Target 2.

Deep Logic: The key is the 1H candle at 11 o'clock, with explosive volume, which is a clear signal of main capital entering. Although the price retraced afterward, open interest (OI) remained stable, indicating not a panic sell-off but profit-taking. Currently, sell orders are stacked above 0.0242, while buy orders are solid below 0.0240, creating a standoff. The 1H RSI (61.38) is healthy after a pullback from the overbought zone, preparing for another upward move. The core scenario is: using market fear of massive rally to create a retracement shakeout, and we are positioning accordingly.

View real-time market 👇 $ZKJ

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