Over the past 24 hours, ZKC has undergone a significant price drop of 12.93%, reaching $0.7704 as of SEP 18 2025. This recent decline is part of a broader downward trend, with the asset tumbling by 1778.42% across both the last week and month. The ongoing bearish movement indicates a major transformation in market conditions, with no clear indications of stabilization or a potential turnaround in sight.
This latest wave of selling is consistent with technical signals that have pointed to weakening momentum for the asset. Key support levels have failed to hold, intensifying the downward trajectory. With buyers largely absent and no positive market triggers, ZKC remains susceptible to additional losses. Experts anticipate continued instability as investors reevaluate their risk positions.
The sustained downturn in
This negative outlook is further evident in the asset’s performance over the past year, with ZKC’s 1-year drop of 1778.42% representing one of the most pronounced declines seen among digital assets in this period. The absence of support levels has heightened worries about ongoing deterioration in both asset value and investor sentiment.
Backtest Hypothesis
Amid the persistent selling pressure, traders are now considering tactics tailored for the prevailing bearish climate. One of the latest backtesting strategies involves focusing on short trades and employing trailing stops based on the asset’s moving averages. The objective is to capture downward momentum while keeping risk from abrupt reversals or sharp volatility in check. This approach operates on the premise that ZKC is likely to reach fresh lows in the near future, offering opportunities for controlled risk and set profit objectives.