ZKC -1064.18% in 24 Hours Amid Sharp Technical Deterioration

On SEP 25 2025, ZKC dropped by 1064.18% within 24 hours to reach $0.5978, ZKC dropped by 2761.46% within 7 days, dropped by 3628.14% within 1 month, and dropped by 3628.14% within 1 year.

The sharp drop in ZKC was accompanied by a broad deterioration in key technical indicators. The Relative Strength Index (RSI) has collapsed below the 30 threshold, signaling oversold conditions, while the Moving Average Convergence Divergence (MACD) has shown a significant bearish crossover. These patterns suggest a deepening bearish momentum across short- and mid-term timeframes. Intraday price behavior has displayed minimal resistance, with downward price action confirming weak short-term sentiment among traders.

Further complicating the outlook, the 50-day and 200-day moving averages have diverged significantly, with the price now trading well below both, indicating a prolonged downward trend. Analysts project the bearish phase to continue unless a strong reversal pattern emerges or a fundamental development creates a structural shift in sentiment.

Backtest Hypothesis

A backtesting strategy has been outlined to evaluate the efficacy of a technical trading model based on the current price dynamics. The strategy assumes entry on confirmation of a bearish MACD crossover and an RSI below 30, with a stop-loss placed above the most recent swing high and a target of 50% of the distance from entry to the nearest support level. This approach is designed to capture continued bearish momentum while minimizing exposure to potential false signals.

The model incorporates a trailing stop to lock in gains if the price exhibits signs of recovery. Historical data from previous similar bearish cycles will be used to evaluate the strategy's performance under comparable conditions. The hypothesis is that, under sustained bearish momentum, this system will yield positive risk-adjusted returns in the current ZKC context.