ZKsync Price Forecast – ZKUSD Buyers Lose Momentum After Rally to $0.23510 Resistance

ZKsync Price Forecast – December 2

The ZKsync price forecast suggests that buyers are striving to regain momentum and push for further expansion.

ZKsync Long-Term Trend: Bullish (Daily Chart)
Key Levels

Support Levels: $0.18000, $0.13320
Resistance Levels: $0.23510, $0.25000
.23510 Resistance" width="1029" height="617" data-lazy-src="https://learn2.trade/wp-content/uploads/2024/12/ZKUSD-1DAY.png"/> ZKsync buyers have encountered resistance at the $0.23510 level, temporarily halting the bullish momentum seen throughout November. After a strong rally from $0.13320, sellers have stepped in, prompting a minor retracement. While this dip indicates short-term bearish influence, the overall bullish outlook remains intact, with potential for recovery in the coming sessions.

ZKsync Price Forecast – ZKUSD Outlook

The sharp rally toward $0.23510 coincides with a premium pricing zone, where early buyers may have taken profits. Sellers have temporarily taken control, causing a pullback. However, the bullish market structure is still in place, as price action remains above the $0.18000 order block, signaling continued buyer strength.

The slip below $0.23000 appears to be a liquidity grab, designed to trigger selling pressure and allow institutional buyers to accumulate positions.

Momentum has shifted downward, reflecting a pause in the bullish advance. However, this decline is more of a pullback than a reversal, as the broader structure remains favorable for buyers. The Parabolic SAR continues to support a bullish bias, indicating that the overall trend is still upward despite the current retracement.

ZKsync Medium-Term Trend: Bullish (4-Hour Chart)

On the lower time frame, buyers have temporarily lost momentum, allowing sellers to test lower price levels. However, the $0.20000 bullish order block is expected to act as a strong support, potentially serving as a launchpad for buyers to regain control.
.23510 Resistance" width="1029" height="617" data-lazy-src="https://learn2.trade/wp-content/uploads/2024/12/ZKUSD-4HRS.png"/> Price is consolidating near $0.21000, indicating that buyers may be gathering strength for another rally. A push above $0.23510 could unlock liquidity and target the next resistance at $0.25000. Despite the short-term slowdown, the market structure and key indicators point to a bullish continuation, with crypto signals suggesting renewed buying interest.

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