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- 🚀 Gate Square “Gate Fun Token Challenge” is Live!
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Technical Outlook For ZK : ZK Skyrockets Above Key EMAs — Testing Major Resistance at $0.085
ZK has shown a strong bullish breakout, surging past the 20, 50, 100, and 200 EMAs — a significant technical shift after months of consolidation. The token is currently testing the $0.085 resistance zone (0.236 Fib) after rebounding from its long-term base around $0.028.
Momentum remains strong, with RSI climbing to 73.6, indicating overbought conditions but reflecting intense buying pressure. If bulls sustain this move, the next resistance levels lie at $0.12 (0.382 Fib), followed by $0.15 and $0.18, marking potential medium-term targets.
However, rejection from the $0.085 zone could trigger a short-term pullback toward $0.060–$0.046, where EMAs now act as layered support.
📊 Key Levels
Resistance: $0.085 → $0.12 → $0.15 → $0.18
Support: $0.060 → $0.046 → $0.028
RSI: 73.6 — overbought but bullish momentum strong
Outlook: ZK has turned technically bullish after a long downtrend. A decisive breakout above $0.085 could confirm a mid-term trend reversal toward $0.12–$0.15.
$ZK
#DecemberRateCutForecast