sell

High Selling Pressure Signals Potential Downtrend for ZKUSDT

The trading volume for ZKUSDT on Bybit shows an anomalously high level at 244.4k USDT. The price has slightly decreased by 0.84% to 0.0587 USDT. Market activity is predominantly selling, with 81% of trades being sales compared to 19% buys, indicating a bearish sentiment as the price has dropped 6.53% within a day. This data, timestamped at UTC 28.05.25 20:07:09, suggests increased selling pressure and potential instability in the short term.
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AI Analysis

The recent spike in volume combined with a high proportion of sales indicates strong bearish sentiment among traders. The 6.53% decrease in price over a single day confirms a negative trend. Such anom...

AI Recommendation

Given the current high selling volume and price decline, it is advisable for traders to adopt a cautious approach. Short-term traders might consider setting tight stop-loss orders or delaying new long...

Disclaimer

The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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