Today's Trading Signals for ZKsync:
Action: Buy $ZK
Entry: $0.245 - $0.260
TP1: $0.285
TP2: $0.310
SL: $0.220
DCA: $0.200
ZKsync has been on a strong upward trajectory, with a remarkable 15.8% increase in the last 24 hours and an impressive 43.4% surge over the past week. The current price of $0.2598 is just shy of its 7-day high of $0.2595, hinting at the potential for a breakout if trading volume ($326M) continues to grow. With a market cap of $945M and a solid 100.7% gain over the past 30 days, ZKsync looks like a solid pick for both spot and futures traders.
Key support sits at $0.220, which matches the stop-loss (SL) level. If the bullish trend holds, the take-profit targets at $0.285 (TP1) and $0.310 (TP2) offer promising returns. For those looking to build longer-term positions, dollar-cost averaging (DCA) around $0.200 is advisable in case of any short-term pullbacks.#zkSynk