Full Analysis
On the 2-day timeframe, ZKUSDT is forming a very clear descending triangle pattern:
Downtrend line (yellow) shows sellers’ dominance with consecutive lower highs.
Horizontal support zone (yellow box 0.0366 – 0.0531) is still being defended multiple times, showing that buyers are not giving up.
Price is now moving near the triangle apex, meaning a major decision point is approaching soon.
📉 Traditionally, descending triangles lean bearish, but in crypto markets, bullish fakeouts often happen when buyers step in strongly around critical demand zones.
---
Pattern and Market Dynamics
1. Volatility Compression: Price range is narrowing, volume decreasing — a build-up phase before an explosive move.
2. Buyer Defense: The 0.0366 – 0.0531 support zone has become a crucial demand area. Each dip has been absorbed by buyers.
3. Seller Pressure: Meanwhile, sellers consistently push price lower, creating the descending trendline.
4. Apex Zone: The convergence of trendline and support will decide the next major direction.
---
Bullish Scenario
If price closes a 2D candle above the descending trendline with strong volume, then:
Immediate upside targets:
0.0653 (minor resistance)
0.0800 (psychological level & supply zone)
0.0943 (strong resistance)
Extended targets:
0.1094 → if the altcoin market recovers further
0.1451 → confirmation of a medium-term reversal
From the current level, upside potential could reach +170% if the bullish scenario fully plays out.
---
Bearish Scenario
If price closes below the support box (0.0366 – 0.0531) and confirms with selling volume, then:
Initial target: 0.0366 (recent low)
Next target: around 0.0200 (psychological zone)
Extreme case: down to 0.0100 if panic selling occurs
From current levels, downside risk could be as deep as −80% in a worst-case breakdown scenario.
---
Pattern Conclusion
Descending Triangle = Neutral–Bearish bias, but no breakout yet.
Price is entering the “last squeeze” phase — the market is about to decide direction in the coming weeks.
Breakout or breakdown with volume will be the ultimate confirmation.
---
Strategy & Risk Management
Conservative traders: Wait for breakout/breakdown confirmation on the 2D close, enter on the retest with a tight stop-loss.
Aggressive traders: Can start accumulating near support with SL below 0.0366, targeting 0.0653–0.0800.
Reminder: Fakeouts are common in descending triangles — do not over-leverage without confirmation.
---
ZKSync (ZKUSDT, 2D) is standing at a major crossroad. A descending triangle is nearing its apex, with sellers pressing down and buyers defending the key 0.0366 – 0.0531 support.
Bullish case: breakout above trendline → targets 0.0653 – 0.1451
Bearish case: breakdown below support → targets 0.0366 down to 0.0200 or even 0.0100
🚨 The next move will decide: is ZK ready for a major rally, or a deeper fall?
Watch the 2D close + volume for confirmation.
#ZKSync #ZKUSDT #CryptoAnalysis #Altcoins #DescendingTriangle #CryptoBreakout #SupportResistance
On the 2-day timeframe, ZKUSDT is forming a very clear descending triangle pattern:
Downtrend line (yellow) shows sellers’ dominance with consecutive lower highs.
Horizontal support zone (yellow box 0.0366 – 0.0531) is still being defended multiple times, showing that buyers are not giving up.
Price is now moving near the triangle apex, meaning a major decision point is approaching soon.
📉 Traditionally, descending triangles lean bearish, but in crypto markets, bullish fakeouts often happen when buyers step in strongly around critical demand zones.
---
Pattern and Market Dynamics
1. Volatility Compression: Price range is narrowing, volume decreasing — a build-up phase before an explosive move.
2. Buyer Defense: The 0.0366 – 0.0531 support zone has become a crucial demand area. Each dip has been absorbed by buyers.
3. Seller Pressure: Meanwhile, sellers consistently push price lower, creating the descending trendline.
4. Apex Zone: The convergence of trendline and support will decide the next major direction.
---
Bullish Scenario
If price closes a 2D candle above the descending trendline with strong volume, then:
Immediate upside targets:
0.0653 (minor resistance)
0.0800 (psychological level & supply zone)
0.0943 (strong resistance)
Extended targets:
0.1094 → if the altcoin market recovers further
0.1451 → confirmation of a medium-term reversal
From the current level, upside potential could reach +170% if the bullish scenario fully plays out.
---
Bearish Scenario
If price closes below the support box (0.0366 – 0.0531) and confirms with selling volume, then:
Initial target: 0.0366 (recent low)
Next target: around 0.0200 (psychological zone)
Extreme case: down to 0.0100 if panic selling occurs
From current levels, downside risk could be as deep as −80% in a worst-case breakdown scenario.
---
Pattern Conclusion
Descending Triangle = Neutral–Bearish bias, but no breakout yet.
Price is entering the “last squeeze” phase — the market is about to decide direction in the coming weeks.
Breakout or breakdown with volume will be the ultimate confirmation.
---
Strategy & Risk Management
Conservative traders: Wait for breakout/breakdown confirmation on the 2D close, enter on the retest with a tight stop-loss.
Aggressive traders: Can start accumulating near support with SL below 0.0366, targeting 0.0653–0.0800.
Reminder: Fakeouts are common in descending triangles — do not over-leverage without confirmation.
---
ZKSync (ZKUSDT, 2D) is standing at a major crossroad. A descending triangle is nearing its apex, with sellers pressing down and buyers defending the key 0.0366 – 0.0531 support.
Bullish case: breakout above trendline → targets 0.0653 – 0.1451
Bearish case: breakdown below support → targets 0.0366 down to 0.0200 or even 0.0100
🚨 The next move will decide: is ZK ready for a major rally, or a deeper fall?
Watch the 2D close + volume for confirmation.
#ZKSync #ZKUSDT #CryptoAnalysis #Altcoins #DescendingTriangle #CryptoBreakout #SupportResistance
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✅ Get Free Signals! Join Our Telegram Channel Here: t.me/TheCryptoNuclear
✅ Twitter: twitter.com/crypto_nuclear
✅ Join Bybit : partner.bybit.com/b/nuclearvip
✅ Benefits : Lifetime Trading Fee Discount -50%
✅ Twitter: twitter.com/crypto_nuclear
✅ Join Bybit : partner.bybit.com/b/nuclearvip
✅ Benefits : Lifetime Trading Fee Discount -50%
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.