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