#CryptoTrading. #TechnicalAnalysiss #Signal🚥.

📊Technical Analysis (1 hour) $ZK /USDT

$ZK is trading at 0.05193 USDT, down -16.74% in the day. This indicates strong bearish momentum in the short term, with the price below key MAs (MA5: 0.06257, MA10: 0.05186). Overall trend: bearish, with potential for further decline, but with signs of a possible rebound.

Key indicators:

• Bollinger Bands (20, 2): Price touches the lower band (0.04466), signaling oversold. The upper band (0.06011) is resistance for growth.

• MACD: Histogram at 0.00000, lines close (DEA -0.00162), divergence weak — neutral, but with the risk of a bearish crossover.

• RSI: Not visible on the chart, but by volume and decline — probably <30 (oversold, buy signal).

• Volume: Increasing (580M+), with red bars — selling pressure, but with MA volumes (MA5: 625M) indicates a possible exhaustion.

Support/Resistance: Support ~0.044-0.045 (lower BB + recent lows). Resistance ~0.052-0.060 (MA10 + middle BB).

Current Market: Volatility is high (ZKsync token, L2 Ethereum), with a recent 28% drop in 24h (according to CoinMarketCap), but +40% in the week. Overall sentiment is bullish in the medium term (2025 forecast: $0.05-0.10), with the risk of token unlocking.

Signals:

🟢Buy (Long): Weak BUY on a bounce from 0.044-0.045. Entry: 0.045. Target: 0.052 (MA10, +15%), Stop: 0.042 (-7%). R:R ~2:1. Wait for confirmation (volume growth + candle close above 0.052).

🔴Sell (Short): Strong SELL on a breakdown of 0.044 down. Entry: 0.044. Target: 0.035 (-20%), Stop: 0.048 (+9%). R:R ~2:1. Confirmation: red candle with high volume.

⚠️Recommendation: Avoid entry without stops - the market is volatile. Monitor ZKsync news (L2 updates).