Hello, traders!

Have you heard of #ZkSync ?

ZKSync is an Ethereum Layer 2 scaling solution that utilizes EVM-compatible ZK-SNARK roll-up technology

When analyzing its data from the 1-hour timeframe, the $ZK token has formed a triangle pattern and over the past few days, buyer activity has increased with periodic volume appearances.

An additional factor for the movement is the resistance level of several approaches, behind which there is a pool of liquidity. There’s a possibility for a breakout soon…

When considering a trade entry, however, some accumulation should be expected, as well as long movement to the upper resistance levels with the support of buyers' volumes in the order book.

Please refer to the attached image for clarification.

You can also use the chart shortcut below if you’d like

I hope this analysis pleases you, and if so, feel free to like this post to show support (thank you)

— Disclaimers —

This is not investment advice, it is simply free knowledge for your consideration

Remember to always *Do Your Own Research* (DYOR)