$ZK ZKsync is navigating a complex period of technical "bottom-hunting" while rolling out an ambitious institutional roadmap. The token has seen significant selling pressure throughout early 2026 but is currently showing signs of stabilization at historical support levels.
Market Snapshot (Feb 2026)
The market cap has consolidated around the $240M–$250M range. While the long-term trend remains bearish, the massive spike in 24h volume (up over 3,000% on some exchanges) suggests a significant redistribution of tokens or "whale" accumulation at these lows.
Metric Value (Approx.) 24h Trend
Current Price $0.026 - $0.032 🟢 +2.1% to +12%
Market Cap ~$249M ➖ Stable
24h Volume $478M - $494M 🚀 Massive Spike
Circulating Supply 8.8B ZK —
Technical Analysis & Key Levels
ZK is currently attempting to break out of a descending channel on the hourly and daily timeframes. Traders are eyeing a "Bullish Pennant" formation that could signal a reversal.
Support & Resistance
Immediate Support ($0.020 - $0.025): ZK recently touched an all-time low of $0.0208 today before bouncing. This is the "must-hold" zone.
Major Resistance ($0.031 - $0.035): The price is currently fighting the EMA20 (Exponential Moving Average). A daily close above $0.0317 is required to shift the short-term momentum to bullish.
The "Breakout" Target: If ZK clears the $0.036 level, the next major hurdle is the $0.058–$0.060 zone, which acted as significant support in late 2025.
Indicators
RSI (14): Sitting near 37–45. It is climbing out of the "oversold" zone but hasn't yet reached "bullish" territory (above 50).
MACD: Currently negative but starting to flatten, indicating that the downward momentum is losing steam.