The post ZK Technical Analysis Feb 5 appeared on BitcoinEthereumNews.com.

[ZK is maintaining its LH/LL structure amid general downside pressure in altcoin markets; a break below $0.0200 support could trigger bearish BOS, but a close above $0.0277 could signal bullish CHoCH.] Market Structure Overview The ZK token is exhibiting a clear downtrend in the current period. While the price is consolidating at the $0.02 level, the overall market structure is characterized by Lower Highs (LH) and Lower Lows (LL) patterns. This indicates dominant bearish momentum. Trading below the short-term EMA20 ($0.03) reinforces the short-term bearish structure. The Supertrend indicator is also giving a bearish signal, with $0.04 resistance standing as a strong upper barrier. RSI is at 39 in the neutral-bearish zone, and MACD confirms selling pressure with a negative histogram. In multi-timeframe (MTF) analysis, a total of 11 strong levels were identified across 1D, 3D, and 1W timeframes: 2 supports/2 resistances on 1D, 2 resistances on 3D, and 3 supports/resistances each on 1W. These levels are critical points that will determine structural integrity. Trend Analysis: Uptrend or Downtrend? Uptrend Signals A Higher Highs (HH) and Higher Lows (HL) structure is required for an uptrend, but no such pattern has been observed in ZK recently. The latest swing low at $0.0200 (score: 79/100) held, but no new HL has formed. The $0.0231 level (score: 63/100) could act as intermediate support; however, the first bullish signals could come if the price breaks above EMA20 ($0.03) and surpasses the $0.0277 resistance (score: 63/100). In this scenario, the trend continuation target would be $0.0448 (score: 30). The current structure is insufficient for bullish continuation; even breaking the $0.0232 minor resistance (score: 60/100) would be the first test. Downtrend Risk The downtrend is strongly defined by LH/LL. The latest swing high at $0.0277 was rejected, followed by a test of $0.0200 as LL. This…

---

Filed under: News - @ February 5, 2026 1:27 am