ZK: hunting the dip? key levels and targets for today

ZK
Catching the ZK dip or did you already panic sell the bottom? L2 and restaking narratives are back on headlines according to market chatter, and speculative capital keeps rotating into smaller caps after the recent moves in majors. Today ZK printed a sharp bounce right as sentiment turned and funding cooled a bit, which is usually when smart money starts hunting discounts.

On the 4H chart price is reacting cleanly from that big orange demand block after an oversold RSI bounce, with buyers stepping in on rising volume. As long as we hold this zone, I’m leaning toward a corrective push up into the first red supply band above, where previous longs got trapped. I might be wrong, but this looks more like a relief rally brewing than a dead-cat bounce.

My base plan: ✅ look for dips inside the orange area for low-leverage longs, targeting the mid to upper part of the red zone as take-profit, scaling out on the way up. If price loses the bottom of the orange block and RSI rolls over again, then I flip the script and expect a deeper flush to the next untested levels below. I’m stalking entries, not chasing green candles here.