ZKsync Price Forecast – ZKUSD Experiences Short-Term Pullback Amid Sustained Bullish Trend

ZKsync Price Forecast – December 9

ZKsync price forecast anticipates buyers regaining momentum soon.

ZKsync Long-Term Trend: Bullish (Daily Chart)

Support Levels: $0.22510, $0.20000
Resistance Levels: $0.27300, $0.29000
ZKUSD has pulled back to the significant $0.22510 level, marking a temporary correction after an extended bullish rally. Following weeks of upward momentum, the market now shows signs of exhaustion as sellers assert themselves. Despite this decline, the overarching bullish structure remains intact.

ZKsync Price Forecast – ZKUSD Outlook

This pullback phase offers an opportunity for buyers to regroup and attempt a continuation of the bullish trend. The upward trajectory, which began at the $0.13320 significant level, peaked at $0.27300 before sellers drove prices lower. The $0.22510 level now serves as a critical point where buyers might seek to regain control.

This retracement coincides with a mitigation phase, where the price revisits a bullish order block near $0.22510. If buyers successfully defend this level, the market could resume its upward momentum, targeting liquidity above $0.27300. Conversely, a breach below $0.22510 might trigger further bearish movement toward $0.20000.

The Momentum indicator reveals a loss of bullish strength following weeks of sustained gains. The current pullback reflects a temporary shift in market dynamics, with reduced buyer activity. The Stochastic Oscillator shows oversold conditions on higher timeframes, hinting that bearish momentum may not last long as buyers could soon reenter the market. However, on shorter timeframes, the indicator continues to signal bearish control in the immediate term.

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

On the 4-hour chart, bearish pressure is more evident, with sellers testing the $0.22510 support level. This decline has established short-term bearish dominance. If sellers breach the $0.22510 level, further downside movement toward $0.20000 could unfold.
While the Momentum and Stochastic Oscillator suggest short-term weakness, oversold conditions on the higher timeframe indicate the potential for buyers to regain control. A decisive breakout or breakdown around the $0.22510 level will likely determine the market’s next direction. As traders incorporate crypto signals into their strategies, monitoring key levels will be essential for navigating this phase.

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