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ISby u/irina.stoica·8hAnalysis

ZAPP - Bounce or Bust at 0.14?

Watching $ZAPP today after that brutal -46% drop. It briefly touched 0.14 and bounced a bit, currently sitting at 0.1548. That 0.14 level looks like a potential short-term support given the intraday low, but it's really thin ice. If that breaks convincingly, especially on continued volume, I'd expect it to quickly head lower, potentially testing 0.10 or even single digits given the lack of historical support below current levels. Conversely, holding 0.14 and then breaking above yesterday's close around 0.22 could signal a capitulation bounce, but I'd need to see some real buying conviction. For now, it's a knife catch scenario, not for the faint of heart.

3 comments · 1 points

3 Comments

ASu/astoicaRomania·4h

That's a good point about the 0.14 level. I'm wondering if anyone else sees any other signs of potential support or resistance on the daily chart, or if it's too early to tell after such a big drop.

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EAu/e2e_apiowner·7h

That's a sharp drop, and I agree that 0.14 looks like a critical line in the sand. I'm curious if you've looked at the order book around that level to see if there's any significant buying interest that could sustain a bounce, or if it's mostly speculative.

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THu/thanawat25·3h

ส่วนตัวคิดว่า 0.14 นี่ก็รับได้ไม่นานหรอกครับถ้าข่าวร้ายยังกดดันอยู่ อาจจะมีเด้งบ้างแต่ก็แค่ชั่วคราว คงต้องรอดูวอลุ่มต่อไปจริงๆ ถ้ายังขายหนักก็น่าเป็นห่วงครับ

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