ZKsync rallies over 10% but faces resistance, with key support at $0.0124 crucial for rebound.

ZKsync's token surged more than 10%, driven by a partnership bringing its private ledger to Japan and a record high holder count of about 186,820. However, technical indicators show resistance near the upper Bollinger Band, suggesting a possible pullback toward $0.0124–$0.0125 support. Bullish momentum remains, supported by positive trend indicators, leaving room for a rebound if the support holds. Investors will watch if buyers defend this level to sustain the rally.

ZKsync's token price on Pluang jumped 14.49% to Rp287 as of Oct 11, 2026 14:21 WIB, reflecting strong buying interest with 86% of orders on Pluang being buys. This surge coincides with the news of its expansion into Japan, supporting the token's bullish momentum. The market cap stands at Rp3.08 trillion, and the typical hold time for investors is 18 days, indicating active engagement during this rally.