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ZKUSDC

ZK/USDT - Falling Wedge – Breakout or Breakdown Ahead?ZK/USDT is entering a critical phase after a prolonged decline since early November. Price is now holding right above the 0.0347–0.0320 demand zone, the same area that previously triggered a strong bullish reaction. At the same time, sellers have been compressing price into a falling wedge structure, a pattern that historically carries a high probability of triggering major trend reversals. This narrowing wedge signals that volatility is being compressed to its maximum point. The tighter the structure becomes, the stronger the potential breakout. If buyers manage to break above the upper wedge trendline, ZK may release weeks of accumulated bearish pressure and shift into a new bullish phase. But this demand zone is also the bulls’ final line of defense. A clean breakdown below 0.0320 would invalidate the structure and open the door for deeper downside toward previous lows. --- Bullish Scenario (High Probability Reversal if Confirmed) Bullish confirmation checklist: 1. A strong 4H candle closes above the upper wedge. 2. A successful retest of the trendline as new support. 3. Increased volume on the breakout (momentum confirmation). If confirmed, ZK’s upside potential opens toward: Target 1: 0.0405 Target 2: 0.0455 Target 3: 0.0540 Major extension: 0.0645 – 0.0685 This structure often appears just before mid-trend to major reversals. --- Bearish Scenario (Trend Continuation if Support Fails) Bearish confirmation checklist: 1. Price rejects the upper wedge and loses upward momentum. 2. A decisive 4H close below 0.0320. 3. Retest of 0.0320 acting as new resistance. Downside targets if breakdown occurs: Target 1: 0.0280 Target 2: 0.021–0.023 if bearish momentum accelerates. A breakdown at this zone would re-establish a deeper bearish structure with new lower lows. --- Why This Zone Matters 1. The 0.0347–0.0320 demand zone has acted as a strong accumulation area before. 2. Falling wedges are often used by smart money as a transition pattern from distribution to accumulation. 3. Extended consolidation at support usually precedes large directional moves. 4. Low-volume dips into demand often indicate the final phase before reversal. This makes the current price zone not just a support level, but a decision point for the next major trend. #ZKSync #ZKUSDT #CryptoAnalysis #PriceAction #FallingWedge #DemandZone #BreakoutSetup #CryptoTrading #AltcoinAnalysis
Long
by CryptoNuclear
#ZK/USDT - Don't waste this opportunity!#ZK The price is moving within an ascending channel on the 1-hour timeframe and is holding well. It is poised to break out strongly and retest the channel. We have a downtrend line on the RSI indicator that is about to break and retest, which supports the upward move. There is a key support zone in green at 0.03760, representing a strong support point. We have a trend of consolidation above the 100-period moving average. Entry price: 0.03890 First target: 0.04025 Second target: 0.04211 Third target: 0.04442 Don't forget a simple money management rule: Place your stop-loss order below the green support zone. Once you reach the first target, save some money and then change your stop-loss order to an entry order. For any questions, please leave a comment. Thank you.
Long
by CryptoAnalystSignal
#ZK/USDT - Don't waste this opportunity!#ZK The price is moving within an ascending channel on the 1-hour timeframe and is adhering to it well. It is poised to break out strongly and retest the channel. We have a downtrend line on the RSI indicator that is about to break and retest, which supports the upward move. There is a key support zone in green at 0.04970, representing a strong support point. We have a trend of consolidation above the 100-period moving average. Entry price: 0.05645 First target: 0.05930 Second target: 0.06255 Third target: 0.06732 Don't forget a simple money management rule: Place your stop-loss order below the green support zone. Once you reach the first target, save some money and then change your stop-loss order to an entry order. For any questions, please leave a comment. Thank you.
Long
by CryptoAnalystSignal
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ZKSync (ZK) — Decision Point: Breakout or Breakdown?The ZKUSDT (Daily) pair has reached a critical juncture that will decide its next major move. Since early 2025, price action has been trapped below a descending trendline, acting as a dominant wall of selling pressure. Every breakout attempt has been rejected, reaffirming bearish control. Now, the price is sitting right at the crossroads — between the descending trendline above and a key accumulation/support zone at 0.0465–0.040 (yellow block) below. This zone isn’t just another range — it’s the battleground that will determine whether ZKSync is preparing for a major reversal or about to continue its downtrend into new lows. --- Pattern & Structure: Formation of a Descending Triangle with a flat horizontal base (0.0465–0.040) and a falling trendline resistance. The structure shows persistent selling pressure, but every dip into the lower zone attracts strong buying reactions — a clear tug-of-war between bulls and bears. A recent liquidity grab (false breakout wick) signals stop-hunting activity, often a precursor to a major move. The market is coiling tightly — volatility compression suggests a large expansion phase is near. --- Bullish Scenario: “Reversal Confirmed” If ZK successfully closes and holds above the descending trendline with strong momentum and volume, it could mark the start of a new medium-term uptrend. Key confirmation: Daily close above 0.048–0.050 Successful retest of the trendline as new support Upside targets: 1. 0.058 — first resistance and structural pivot 2. 0.070 — confirmation of trend reversal 3. 0.082 → 0.132 — extended bullish targets if momentum continues Rationale: Breaking a descending triangle to the upside often triggers a short squeeze as traders exit bearish positions, accelerating price movement and initiating a shift in market structure. --- Bearish Scenario: “Final Breakdown” If ZK fails to hold its ground and closes daily below 0.040, the descending triangle pattern would confirm as a bearish continuation, signaling further downside. Key confirmation: Strong daily close below 0.040 Failed retest from below (support turned resistance) Downside targets: 1. 0.028 — previous local low 2. 0.023 — potential capitulation zone Rationale: Losing this base indicates buyers have fully lost control. Historically, such breakdowns lead to sharp selloffs as short-term holders exit rapidly, increasing momentum on the downside. --- Conclusion: > ZKSync is sitting at a make-or-break level — a zone that will define the next directional wave. Bullish case: breakout above trendline → targets 0.058–0.070. Bearish case: breakdown below 0.040 → targets 0.028–0.023. Expect a major volatility expansion once this compression phase resolves. --- Trading Strategy & Risk Notes: Wait for daily candle confirmation, not just wicks — avoid getting trapped in fakeouts. Conservative entry: after breakout + retest. Aggressive entry: near support with clear rejection confirmation. Stop-loss: below 0.040 (for longs) or above 0.0465 (for shorts). Maintain a risk/reward ratio of at least 1:2 and scale out profits at each target level. --- Key Technical Levels: Support zone: 0.0465 – 0.040 Trendline resistance: ~0.048–0.050 Upside levels: 0.058 → 0.070 → 0.082 → 0.132 Downside targets: 0.028 → 0.023 #ZKUSDT #ZKSync #CryptoAnalysis #DescendingTriangle #BreakoutTrading #SupportResistance #CryptoBreakout #ChartAnalysis #PriceAction #CryptoTrader #ReversalZone #BearishOrBullish
Long
by CryptoNuclear
ZKUSDT — Descending Triangle Key Support, Breakout or Breakdown?Full Analysis On the 2-day timeframe, ZKUSDT is forming a very clear descending triangle pattern: Downtrend line (yellow) shows sellers’ dominance with consecutive lower highs. Horizontal support zone (yellow box 0.0366 – 0.0531) is still being defended multiple times, showing that buyers are not giving up. Price is now moving near the triangle apex, meaning a major decision point is approaching soon. 📉 Traditionally, descending triangles lean bearish, but in crypto markets, bullish fakeouts often happen when buyers step in strongly around critical demand zones. --- Pattern and Market Dynamics 1. Volatility Compression: Price range is narrowing, volume decreasing — a build-up phase before an explosive move. 2. Buyer Defense: The 0.0366 – 0.0531 support zone has become a crucial demand area. Each dip has been absorbed by buyers. 3. Seller Pressure: Meanwhile, sellers consistently push price lower, creating the descending trendline. 4. Apex Zone: The convergence of trendline and support will decide the next major direction. --- Bullish Scenario If price closes a 2D candle above the descending trendline with strong volume, then: Immediate upside targets: 0.0653 (minor resistance) 0.0800 (psychological level & supply zone) 0.0943 (strong resistance) Extended targets: 0.1094 → if the altcoin market recovers further 0.1451 → confirmation of a medium-term reversal From the current level, upside potential could reach +170% if the bullish scenario fully plays out. --- Bearish Scenario If price closes below the support box (0.0366 – 0.0531) and confirms with selling volume, then: Initial target: 0.0366 (recent low) Next target: around 0.0200 (psychological zone) Extreme case: down to 0.0100 if panic selling occurs From current levels, downside risk could be as deep as −80% in a worst-case breakdown scenario. --- Pattern Conclusion Descending Triangle = Neutral–Bearish bias, but no breakout yet. Price is entering the “last squeeze” phase — the market is about to decide direction in the coming weeks. Breakout or breakdown with volume will be the ultimate confirmation. --- Strategy & Risk Management Conservative traders: Wait for breakout/breakdown confirmation on the 2D close, enter on the retest with a tight stop-loss. Aggressive traders: Can start accumulating near support with SL below 0.0366, targeting 0.0653–0.0800. Reminder: Fakeouts are common in descending triangles — do not over-leverage without confirmation. --- ZKSync (ZKUSDT, 2D) is standing at a major crossroad. A descending triangle is nearing its apex, with sellers pressing down and buyers defending the key 0.0366 – 0.0531 support. Bullish case: breakout above trendline → targets 0.0653 – 0.1451 Bearish case: breakdown below support → targets 0.0366 down to 0.0200 or even 0.0100 🚨 The next move will decide: is ZK ready for a major rally, or a deeper fall? Watch the 2D close + volume for confirmation. #ZKSync #ZKUSDT #CryptoAnalysis #Altcoins #DescendingTriangle #CryptoBreakout #SupportResistance
Long
by CryptoNuclear
ZK/USDT — Testing Long-Term Downtrend: Breakout or Rejection at?Summary The daily chart shows a clear long-term downtrend from the previous highs — the descending trendline (yellow) has been capping price action, forming a sequence of lower highs and lower lows. Currently, price is hovering around 0.0591 USDT, testing both the trendline resistance and a key horizontal resistance at ~0.06173 (red dashed). Since the low at ~0.0366 (June), the market has been slowly forming higher lows, suggesting potential accumulation, but the main downtrend structure is still intact until a confirmed breakout occurs. --- Pattern Overview Descending trendline (yellow) = downtrend structure remains valid until a daily close above it. Accumulation signs from the 0.0366 low → forming several higher lows. Key resistance: 0.06173 (decision zone). Next resistances (yellow dashed): 0.07999 → 0.11475 → 0.15566 → 0.22443 → 0.26273 → 0.27270. Key support: ~0.042 (intermediate) → structural low at 0.03660. --- Bullish Scenario (confirmation needed) 1. Breakout confirmation: A daily close above the descending trendline and above 0.0617 with stronger-than-average volume. 2. Post-breakout behavior: Potential retest of the broken trendline as support — a conservative entry point. 3. Upside targets: Target 1: 0.07999 (~+29% from 0.06173; ~+35% from current price 0.05907) Target 2: 0.11475 (~+86% from 0.06173) Extended targets: 0.15566 → 0.22443 → 0.26273 → 0.27270 4. Risk management: Initial stop-loss under retest zone or, for aggressive entries, just below breakout candle’s low. --- Bearish Scenario (rejection/failure) 1. Rejection at 0.0617 / trendline: If price fails to break and closes bearish with upper wicks, a pullback toward support is likely. 2. Support watch: ~0.042 (intermediate) → 0.03660 (structural low). Downside from 0.0617: ~−29% to 0.042, ~−38% to 0.0366. 3. Further risk: A daily close below 0.0366 could trigger continuation of the major downtrend. --- Key Levels (Quick View) Current: 0.05907 Breakout trigger: 0.06173 Targets: 0.07999, 0.11475, 0.15566, 0.22443, 0.26273, 0.27270 Supports: ~0.042 → 0.03660 #ZK #ZKUSDT #Crypto #Altcoin #TechnicalAnalysis #TA #Trendline #Breakout #PriceAction
Long
by CryptoNuclear
ZKsync ZK price will surprise ?If someone trying to see the Head and Shoulders on the OKX:ZKUSDT chart and tries to short this asset, they will most likely be “punished” 1️⃣ Well, first of all, the "H&S" is a figure of a global trend reversal, not a local one. 2️⃣ And secondly, in our opinion, #ZK is holding quite well and the chance to see $0.14, and if you're lucky, $0.16, is much higher than fall to a new low. DYOR _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
zkSync Entry price: $0.1744(ZK/USDT) (June 30, 2024) (#zkSync #Spot) Layer Zero has started to grow, and ZK is also showing growth. This formation resembles what happened with Notcoin. zkSync (ZK) — zkSync is a Layer-2 protocol that scales Ethereum with cutting-edge ZK tech. Our mission is not only to merely increase Ethereum's throughput, but to fully preserve its foundational values – freedom, self-sovereignty, decentralization – at scale. 🕵️ Investors (Tier 1,2): Union Square Ventures, a16z, 1kx, Variant Fund, Blockchain Capital, Lightspeed Venture Partners, Dragonfly Capital, Coinbase Ventures, Ethereum Foundation. dropstab.com cryptorank.io 🟢 Entry price: $0.1744 🟢 Take Profit: $0.4700 🔴 Stop Loss: $0.1479 • Spot Market without leverage. • Trade risk set at 50% of the deposit.
Long
by UnknownUnicorn285026
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