ZK Technical Analysis Feb 19

ZK is trying to hold above the critical support level of 0.0204$ at its current price of 0.02$, but carries the risk of testing the 0.0188$ region due to the dominance of the downward trend. On the resistance side, 0.0426$ forms a strong barrier.

Current Price Position and Critical Levels

ZK is trading at the 0.02$ level with a 5.70% drop in the last 24 hours and is positioned within the general downtrend structure. The price is located below EMA20 (0.02$), giving a short-term bearish signal; RSI at 38.90 is approaching oversold, although momentum is weak. On the 1D chart, Supertrend is bearish and resistance is around 0.03$. In multi-timeframe (MTF) analysis, 10 strong levels were detected in the 1D/3D/1W timeframes: 2 supports/1 resistance in 1D, 1 support/2 resistances in 3D, 3 supports/4 resistances confluences in 1W. This shows that the price has further downside potential, but 0.0188$ could form a strong base. Volume is low at 14.46M$, which increases the risk of liquidity hunting.

Support Levels: Buyer Zones

Primary Support

The most critical support level is 0.0188$ (score: 80/100). This level is defined as a strong order block (OB) on the 1W timeframe; it was tested and rejected three times in October 2025, with buyers entering each time on high volume (average 15% bounce). There is perfect confluence with EMA50 (0.0189$) on the 3D chart, and it also aligns with the Fibonacci 0.618 retracement level. According to historical data, a liquidity pool has formed at this OB; ideal for stop-loss hunts. If the price reaches here, aggressive buyer entry is likely, as it carries 1D RSI divergence potential.

Secondary Support and Stop Levels

Secondary support 0.0204$ (score: 66/100) is just below the current price and serves as a short-term holding point. This aligns with the latest swing low on 1D and EMA20; it was tested twice in the last 48 hours and rejected with volume spikes. The invalidation level triggers on a break below 0.0204$, opening downside targets to 0.0084$ (score:22). Deeper supports are around 0.015$ demand zones on 1W; this is an accumulation area for big players, providing 40%+ recovery in past cycles. For stop-losses, 0.0180$ below 0.0188$ is recommended, risk management is essential.

Resistance Levels: Seller Zones

Near-Term Resistances

Near-term resistance 0.03$ Supertrend level, with confluence from EMA20 and 1D pivot point. Selling pressure increases as price approaches here; two rejections occurred last week with volume imbalance and seller dominance. A clean close is required for breakout, otherwise fakeout risk is high. Second near resistance 0.0319$ upside target (score:44), Fibonacci 0.382 extension.

Main Resistance and Targets

Main resistance 0.0426$ (score: 65/100), a strong supply zone on 3D/1W timeframes. Peak order block from the November 2025 rally, tested four times triggering 20%+ drops. High volume seller entries concentrate here, with breaker block potential. Upper targets 0.05$ (1W EMA200), R/R ratio reaches 1:3 on breakout. However, in the downtrend, reaching these levels is low probability; invalidation requires a close above 0.0426$.

Liquidity Map and Big Players

The liquidity map shows a large liquidity pool below 0.0188$ for stop hunts; this could be a smart money (big players) strategy to pull price down and accumulate cheaply. Above, equal highs above 0.0426$ form a liquidity trap that could catch breakout hunters. Imbalance gaps on 1W between 0.025$-0.03$, a sweep is expected if price is pulled there. According to volume profile, HVN (high volume node) around 0.02$, this is a balanced zone. Big players are likely accumulating long positions at the 0.0188$ OB, to be triggered during BTC correction. Order flow analysis shows aggressive selling in the recent dump, but bullish divergence is starting to form on RSI.

Bitcoin Correlation

BTC is in a downtrend with a 0.92% drop at the 66,963$ level, Supertrend bearish. ZK is highly correlated with BTC (0.85+), BTC testing supports at 65,143$ and 62,910$ will push ZK to 0.0188$. If BTC cannot break 67,096$ resistance, general pressure increases on altcoins; if BTC dominance rises, ZK downside accelerates to 0.0084$. Conversely, if BTC rises to 70,639$, ZK 0.0319$ target activates. Main BTC levels: Supports 65k/63k/60k, resistances 67k/70k/79k – ZK traders should monitor these.

Trading Plan and Level-Based Strategy

Level-based outlook: Short-term bearish, if 0.0204$ holds, test 0.03$; if broken, buyer test at 0.0188$. For long: entry at 0.0188$ OB, targets 0.0319$/0.0426$, stop 0.0180$. For short: rejection at 0.03$, targets 0.0188$/0.0084$, stop 0.032$. Target at least 1:2 R/R. Detailed data for ZK Spot Analysis and ZK Futures Analysis. This outlook is based on price action; market is volatile, always do your own research.