ZK Price Set for Breakout as 4H Descending Channel Tests Key $0.055 Target

2025-12-18 08:41:08

ZK price is testing lower four-hour channel support, showing a short-term bullish bounce as sellers lose momentum.
Resistance at $0.0337 and supply zones near $0.07–$0.08 remain critical for trend reversal confirmation and sustained upside.
Daily charts show a macro downtrend, with corrective rebounds forming higher lows within $0.028–$0.032 demand zones.

ZK price action has reached a decisive technical zone as traders monitor short-term breakout potential against a broader bearish structure. Recent chart activity places the asset at a critical balance between recovery attempts and prevailing downside pressure.

Short-Term Structure Signals a Potential Breakout Attempt

ZK price has been trading within a descending channel on the four-hour timeframe since the early November surge. This structure reflects sustained bearish control, marked by lower highs and consistent rejection at descending resistance.

According to a recent market update shared by Captain Faibik, price is now testing the lower boundary of this channel. Selling momentum appears to be slowing, while recent candles show a reaction bounce from support.

$ZK is on the CUSP of Falling Wedge Breakout on the 4h timeframe Chart…!!

Once the Breakout is confirmed, Next target will be $0.055 🚀#Crypto #ZK #ZKUSDT pic.twitter.com/gPPo8Fv1iP

— Captain Faibik 🐺 (@CryptoFaibik) December 15, 2025

The analysis notes that a confirmed four-hour close above descending resistance could invalidate the bearish structure. Such a move could open the path toward the $0.055 to $0.057 zone, provided volume expands.

Key Support and Resistance Levels Remain in Focus

ZK price is currently holding above the $0.0281 support, a level defined by recent swing lows. This area has acted as a short-term demand zone during prior corrective phases.

Market observations suggest that a breakdown below this level and its strong selling, could extend losses toward $0.0212.Until then, this level remains a reference point for any potential bullish reactions.

On the upside, resistance near $0.0337 remains a key barrier. Failure to reclaim this zone could reinforce bearish pressure, limiting recovery attempts within the current structure.

Higher-Timeframe Trend Continues to Cap Upside

On the daily timeframe, ZK price maintains a clear macro downtrend that has persisted for several months. Distribution near the $0.10 to $0.11 range initiated a sequence of lower highs and lower lows.

Supply zones between $0.07 and $0.08 continue to act as dominant resistance. Previous rallies into this region were met with strong selling, reinforcing bearish market control.

While price is reacting from a demand zone between $0.028 and $0.032, rebounds remain corrective. As noted in the shared chart commentary, reclaiming $0.043 and $0.057 remains necessary for trend change.

ZK-4.58%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.