ZKsync (ZK) is starting to break out of its long falling wedge on the 4-hour chart after an extended slide. With the price now at $0.03471, buyers are finally showing strength by pushing the price above the upper trendline. This move hints at fading selling pressure and opens the door to a possible trend shift if the price stays above $0.03500.
The wedge has shaped the token’s behavior since early November, resulting in steady lower highs and controlled dips. Its latest rebound from the bottom of the structure suggests buyers are quietly building positions. Holding above the $0.03380–$0.03420 area would support this shift in sentiment, and a clean trendline retest could give bulls more confidence before aiming higher.
If momentum keeps building, the token’s next targets become clearer. The first major obstacle is $0.04150, followed by $0.04700, which could test buyers’ strength. The larger target remains $0.05500, matching the full breakout projection. If the price stays steady above the breakout zone, the setup favors further upside, provided broader market conditions don’t turn negative.
Also Read: ZKsync Era’s $30 Million Revenue Spurs New Tokenomics Plan for Sustainable Growth
The RSI at 40.22 is still below the signal line at 41.80, indicating poor but improving momentum. While the RSI is still in the bearish range, it has leveled off after several months of falling, indicating that the sellers are losing momentum. It will require a concerted break above 45-50 to indicate improving bullish momentum.
The MACD lines at -0.00883 and -0.00852 remain below zero, keeping the market in a bearish zone. However, the reducing gap suggests that the bearish pressure is easing. The bars on the histogram have been weakening, suggesting that the bearish momentum is easing. There could be a bullish crossover if the buying pressure continues to increase.
zkSync has announced plans to phase out its original Lite rollup by 2026 as part of a wider strategic transition. This strategy belongs to a larger shift that the project is undergoing. The project aims to reduce complexity and concentrate on the development of scalable solutions.
The new project will concentrate on the ZK Stack and the zkEVM, and will also enhance the development of modular infrastructure and efficient zero-knowledge functionality. Even though Lite will be deprecated, the service will allow users access to the withdrawal facility throughout the period of deprecation.
Also Read: ZKsync (ZK) Gains 14% Weekly, Analysts See Path Toward $0.125 Level


