‎ZKsync Shows Early Bullish Repricing After Prolonged Structural Compression

‎ZKsync Market Analysis- December 29

‎ZKsync shows early bullish repricing after prolonged structural compression. ZKsync Market is beginning to display constructive stabilization following an extended corrective phase, with momentum indicators gradually realigning to the upside.

‎ZKsync Key Levels

‎Resistance Levels: $0.0560, $0.0880
Support Levels: ‎$0.0280, $0.0200

‎ZKsync Long-Term Trend: Bullish

Price is attempting to base above the short-term moving average near $0.02910, while RSI has recovered from deeply depressed levels and is now trending upward toward the mid-40s. As a result, bearish pressure is losing dominance, allowing early-stage accumulation to emerge as volatility compresses.

At the same time, the recent formation of higher lows along a gently rising micro-trendline indicates improving internal structure, even as overhead supply remains capped near $0.05550. Even so, downside extensions are being absorbed more quickly than before. Consequently, this behavior suggests that crypto sellers are encountering diminishing marginal returns at current levels.

Looking forward, ZKsync Market appears positioned for a bullish repricing cycle should price sustain acceptance above $0.02900. A confirmed breakout through $0.03300 would likely accelerate upside rotation toward the $0.05551 resistance area, with a broader expansion target extending toward $0.08760 over the medium term.

‎ZKsync Medium-Term Trend: Bullish

ZKsync is showing a bullish bias on the four hour chart as price holds above the rising trendline and key horizontal support. The recent higher low structure suggests buyers are gradually gaining control despite minor pullbacks.

Price interaction around the short term moving average indicates a potential continuation if bullish momentum strengthens. A sustained push above nearby resistance could promote a bullish bias for crypto signals.

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