#ZkSync demonstrates the classic dynamics of the altcoin season: impulsive growth (+11%) with reaching a local max
at 0.1901, followed by a correction to test the support zone.
What could happen next?
1. Bullish scenario (break 0.1901): If the price breaks the resistance level, a rally to 0.1950 or even 0.2000 will begin. This will confirm the presence of a strong trend with the possible involvement of the FOMO effect.
2. Support retest (0.1860): This zone acts as a local accumulation level. If it holds, the bulls may try to attack the resistance again.
3. Bearish scenario (break 0.1860 down): A break of key support will open the way to lower levels, signaling a weakening trend and capital outflow to other altcoins.
RSI: If the RSI remains in the <60 zone, it is a signal of a potential pullback.
Summary: The price breaks 0.1901 with increasing volume - this will be a signal to open long positions. A breakdown of 0.1860 down - a risk of a fall, so it is worth waiting for stabilization.