🔥 $ZEN ALERT: Long Liquidation Sparks Action! 🔥
A $5.86K long position was liquidated on $ZEN at $28.90. This sudden shakeout could mean big moves ahead. Here’s the breakdown to stay ahead of the curve:
The liquidation at $28.90 might indicate selling pressure or stop-loss hunts.
A possible trend reversal or continuation is brewing—momentum traders should stay alert
Key Levels to Watch:
Buy Zone: $28.00 - $28.50 (Look for a strong bounce in this range)
Target 1: $30.00
Target 2: $31.50
Stop Loss: $27.50 (Protect your capital with a tight stop)
Next Moves:
1. Bullish Case: If ZEN holds above $28.00, it could quickly test $30.00 and potentially push to $31.50 with momentum.
2. Bearish Case: If $27.50 breaks, we could see a deeper drop towards $26.00.
3. Volume is Key: Watch for a spike in buying volume—this could confirm a rebound!
⚠️ Risk Reminder: Crypto trading is fast-paced and risky. Always manage your trades wisely and don’t risk more than you can afford to lose.
Are you ready to catch the next wave on $ZEN? 🚀 Stay sharp and watch those key levels!
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