$ZK Buy Setup Idea 😁 💡
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zkSync Macro Chart Analysis
Current Circulating Market Cap: $490M
VC Investments: $460M
What’s happening between $0.22 and $0.08?
This range is not a Distribution Zone but rather the Accumulation Phase, where smart money accumulates before a potential rally.
Key Level to Watch: $0.18 (0.618 Fibonacci Level)
Flipping this level signals a strong bullish shift.
Why is $ZK Undervalued?
Based on the project’s fundamentals and tokenomics, zkSync appears highly undervalued in this price range. With its funding, development, and the rising adoption of Layer 2 solutions, $ZK has significant upside potential.
Macro Targets:
🎯 Macro Target 1: $2.45
Conservative Target
This price implies a market cap of $9B, achievable as zkSync gains traction.
🎯 Macro Target 2: $5.45
Main Target
Represents a $20B Market Cap, aligning with the 2021 peak of Polygon (MATIC).
🎯 Macro Target 3: $9.00
Most Optimistic Blow-Off Top Target suggests a $33B Market Cap,
potentially achievable during a crypto market-wide rally.
Keep a close eye on the $0.18 flip as this could set the stage for a massive run-up, aligning with these macro targets. The undervaluation and solid tokenomics of zkSync make it a strong contender for future growth.
