Technical analysis by weslad about Symbol ZK: Buy recommendation (5/1/2025)

ZK has completed a 1:1 Bear Pennant Breakdown, perfectly meeting its projected downside target with a -72.83% measured move. This confirms the exhaustion of the previous bearish leg and sets the stage for a potential bullish reversal.With the bear cycle target achieved, bulls are now likely to regain control. The Buy Accumulation Zone highlighted on the chart serves as a high-probability region for re-entry, especially as market sentiment begins to shift.For bullish continuation to validate, we need to see a clean break above the Immediate Resistance Zone. Once that occurs, price may accelerate toward the short-term, mid-term, and higher-term targets as indicated:🔹 Short-Term Target: 0.0833🔹 Mid-Term Target: 0.1446🔹 High-Term Target: 0.2323Momentum will likely strengthen with each structural confirmation. For now, the focus remains on accumulation and observing price behavior near the 0.0595 level.This is a scenario to track closely ZK is now transitioning from distribution into early signs of recovery.