$ZEST is currently trading around $0.17039, showing some short-term weakness after its recent recovery. However, looking at the weekly chart, ZEST Protocol is showing an interesting price structure that traders and investors should keep watching.
The token previously reached a high near $0.34999 before experiencing a significant correction. It later found a strong support area around $0.11750 and started recovering. This recovery indicates that buyers have shown interest at lower price levels.
📊 Important Technical Levels
Current Price: $0.17039
Immediate Support: $0.16400
Major Support: $0.15000
Strong Support: $0.11750
Resistance 1: $0.18400
Resistance 2: $0.20000
Next Target: $0.22000
Higher Target: $0.25000
🔥 Bullish Outlook
If ZEST maintains its support above $0.16400 and buying volume increases, we could see another attempt to break the $0.18400 resistance. A strong weekly close above $0.20000 could improve market sentiment and potentially open the door toward $0.22000 and $0.25000.
However, if the price loses its important support levels, further downside cannot be ruled out.
💎 My Perspective
I believe ZEST Protocol deserves attention because its recovery from $0.11750 has created an interesting opportunity to watch. Instead of chasing sudden price movements, traders should monitor volume, support zones, and weekly candle confirmations.
The next major move will depend on buyer strength and overall market conditions.
Stay patient, manage risk, and always do your own research (DYOR).
🚀 Can
$ZEST reclaim $0.20 and move toward $0.25?
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