$ZK Surges +11%! Layer 2 Gainer Strong Rebound — Dynamic SAR Support Floor Base at $0.01711 Targeting $0.01880 Peak Retest?
Dominating the Layer 2 gainer category on Binance with high market liquidity,
$ZK (zkSync) has logged a strong +11.36% daily gain backed by 16.32M USDT (978.68M ZK) trading volume! After rebounding cleanly off its 0.01484 daily low to print a 24-hour peak high of 0.01880, price action completed a cooling-off pullback toward its 0.01711 local SAR floor support and is now holding steady near 0.01765.
Trade Bias: Strong Bullish Continuation / Support Scalp Rebound
Entry Zone: 0.01710 – 0.01760 (Accumulate long positions near trailing SAR support floor)
Targets: 0.01814 ➡️ 0.01880 ➡️ 0.02050
Stop Loss: Below 0.01680
Technically, the 15m chart structure is locked in a solid recovery following a V-shape breakout off the 0.01494 local swing bottom floor. Parabolic SAR trailing dots have locked dynamic floor support directly beneath price action at 0.01711, confirming trend recovery. Meanwhile, RSI (6) has cleanly reset from overbought levels down to a perfectly balanced 56.99. This indicator reset provides buyers with prime breathing room for another upward extension leg. A decisive 15m candle close above 0.01814 will clear the pathway toward a full retest of the 0.01880 peak high.
Are you buying this retrace support bounce... or waiting for a breakout confirmation above 0.01814?
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