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ZKSync Price Forecast – March 5
The ZKSync price forecast indicates that buyers are showing signs of weakness as bearish pressure continues to build in the market.
ZKUSD Long-Term Trend: Bearish (Daily Chart)
Key Levels
Support Levels: $0.09290, $0.09000
Resistance Levels: $0.11580, $0.12000
ZKSync Price Forecast – ZKUSD Outlook
After the price broke below the $0.11580 level, the bulls attempted to counteract the selling momentum. However, despite a brief period of consolidation, sellers have regained control and are applying further pressure.
The Parabolic SAR (Stop and Reverse) indicator confirms that selling pressure remains strong, signaling that the bears continue to dictate market direction. The Stochastic Oscillator also reflects this bearish outlook, illustrating that sellers are aggressively driving prices lower.
On the daily timeframe, selling intensity remains high, with bears successfully pushing the price below the $0.09290 key level. The Stochastic Oscillator indicates that sellers are firmly in control, while the Parabolic SAR continues to trend downward, reinforcing the ongoing bearish sentiment.
ZKUSD Medium-Term Trend: Bearish (4-Hour Chart)
In the medium term, ZKSync’s outlook suggests a challenging environment for buyers. The inability of bulls to reclaim momentum above the $0.11580 resistance level raises concerns about further price declines. .09290 Key Level" width="1281" height="508" data-lazy-src="https://learn2.trade/wp-content/uploads/2025/03/ZKUSD-4HRS.png"/>
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