ZKsync Price Forecast: October 15
The ZKUSD price is positioned for a potential bullish breakout as the crypto market culminated in a rebound with a 2.1% increase in the last 24 hours. The coin gave a bullish breakout from the $0.128 level, attempting to ignite a bullish rally. Therefore, if the crypto’s price reaches above the $0.153 high level, the potential bullish breakout rally could surge to hit the $0.160 resistance level, indicating investors’ high interest and confidence in ZKsync.
Key Levels:
Resistance Levels: $0.128, $0.129, $0.130
Support Levels: $0.117, $0.116, $0.115
ZKUSD Long-term Trend: Bearish (4H chart)
The ZKUSD market structure appears poised for a potential bullish breakout as the price rebounded after its massive drops in its higher time frame. The coin price is near the resistance levels, implying a bearish sentiment. 
The price drop to the $0.125 low value in the previous action has made the coin price trade below the supply levels in its recent high. However, the ZKUSD price is positioned for a bullish breakout as the trend has just resumed its rising pattern but has not yet reached its goal.
At the writing time, the ZKsync price rebounded from the mentioned support with a pin bar hammer candle at the $0.128 supply value below the EMA-50 to resume the 4-hourly chart today.
This indicates a genuine reversal positioned for a potential bullish breakout to retest the $0.153 resistance level, which could prove profitable.
Additionally, further downsides are unlikely as the market price of ZKUSD remains in an uptrend at the oversold region, indicating that the crypto price is positioned for a potential bullish breakout.
As a result, the potential breakout rally might reach the $0.160 upper resistance level in the coming days, as it remains positioned for a potential bullish breakout, increasing the growth and plans of the coin in its long-term perspective.
ZKUSD Short-term Trend: Bearish (1H chart)
The market price of ZKUSD is positioned for a bullish breakout as it trades below the moving average, indicating a bearish trend in its medium-term outlook. 
The previous action by the sell traders to a $0.126 low level has sustained the ZKsync price below the supply trend lines in its recent high. Further, the price is gathering momentum and is positioned for a bullish breakout to achieve more gains.
Shortly after a few minutes of opening the 1-hour chart, the bulls corrected the $0.127 supply value below the EMA-50, suggesting the price is positioned for a potential bullish breakout to resume its uptrend, as possible future gains are certain.
Hence, a bullish breakup above the $0.142 resistance pattern could accelerate the price and break out to the upper resistance levels.
Further, the ZKUSD price is an uptrend on the daily stochastic. As a result, the potential bullish breakout rally might drive the crypto price to a $0.160 resistance level in the coming days, as the price remains positioned for a potential bullish breakout in its short-term outlook.
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