ZKUSD Maintains Strong Bearish Momentum as Price Nears Critical Support Zones

ZKUSD continues to face sustained downward pressure as bearish momentum strengthens across both the long-term and medium-term timeframes.

Support Levels: $0.03800 $0.00700

Resistance Levels: $0.07900, $0.1140

ZKSYNC persists in demonstrating significant adverse momentum as its price advances toward the critical $0.00700 support level. The market is currently completing another bearish leg, sliding steadily toward trendline support and breaking below the $0.03800 demand level in the process. This sustained weakness reflects persistent seller dominance across the higher timeframe structure.

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Momentum indicators reinforce this outlook, with the daily Relative Strength Index (RSI) falling toward the oversold region—signaling heightened bearish pressure in alignment with the prevailing trend. Additionally, price continues to trade well below the daily Moving Average, providing further confluence of sustained downside momentum.

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However, caution is warranted. As price moves closer to trendline support, the current bearish cycle may soon lose strength. The daily RSI already sits in the oversold zone, increasing the likelihood of a bullish corrective move before sellers attempt to extend the downward trend.

The 4-hour structure also maintains a pronounced bearish tone, characterized by successive bearish breaks of structure. The latest structural violation occurred at the $0.03800 demand level, confirming bearish continuation and undermining previous demand zones.

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With the 4-hour RSI currently oversold, a short-term bullish retracement is anticipated. Should this correction unfold, price is expected to retest the 4-hour bearish order block before resuming the dominant downtrend.

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