zkSync / Tether
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ZKUSDT — Descending Triangle Key Support, Breakout or Breakdown?

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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.


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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.

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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.


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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.


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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.


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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.

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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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