🛡️ $ZK zkSync Update: Major Swing Low Rejected – Bulls Defend Hard! But High Rejection = Wait Mode 🚀🔥
•Major swing low wicked down but rejected strongly → Great sign! Support holding firm, no breakdown 😤💪
•High tested but only rejected (no clean/proper break) – still facing resistance pressure, not bullish confirmation yet
•Current setup: Lows defended like champs, but needs high break to flip the script... classic patience play!
🚀 Bullish Trigger Ahead
Wait for $ZK to break & close properly above the next swing high (watch that key resistance level closely – strong close, no fake wicks!).
If it breaks clean → momentum shift, up move possible targeting the next major swing high as the new magnet! 🌙
❌ Rejection/failure at highs? Risk of chop or retest lower – don't front-run!
Lows looking solid – highs will decide the fate.
Your call? Breakout to next swing high soon or more consolidation? Drop charts/thoughts below 👇 Chart attached: major swing low rejection + next swing high to break marked!
