ZK Technical Analysis
On the ZK side, the structure formed after the bottom is clearly trying to turn upward. Small higher lows are forming, meaning buyers are stepping in on pullbacks and not leaving the market easily.
Price is currently consolidating around the 0.016 – 0.0165 range. This area is acting as a short-term resistance. If price manages to break above and hold, the 0.0182 level stands out as the first target.
On the downside, the 0.0155 – 0.0150 range acts as both trend support and a key support zone. As long as this area holds, the structure remains intact and pullbacks can be considered normal.
However, the critical breakdown point is also clear. If price drops below 0.015, this recovery attempt weakens and a move toward lower levels may follow.
In summary:
- The rising structure is being maintained
- Above 0.0165 → target 0.0182
- 0.0155 – 0.0150 is the support zone
- Below 0.015 → structure weakens
On the zkSync side, the most notable recent development has been the launch of the Elastic Chain upgrade. With this update, zkSync has transitioned into a structure where multiple chains can operate interconnected on the same infrastructure. The goal is to attract more projects into the ecosystem and concentrate liquidity within a unified network. At the same time, there are discussions that some major DeFi projects are preparing to migrate to zkSync. In short, this is not just hype but a concrete step toward expanding the infrastructure.
These analyses do not provide investment advice and focus on support and resistance levels that are considered to offer short- and medium-term trading opportunities depending on market conditions. However, responsibility for execution and risk management lies entirely with the user. In addition, the use of stop loss is strongly recommended.
