$ZEN Long Liquidation Alert: $1.9131K Erased at $35.893!
The markets turned ruthless as #ZEN bulls were blindsided, with a staggering $1.9131K liquidated at $35.893. This level has become the battleground, and the question now is: Will the bulls rise from the ashes, or are bears tightening their grip?
Critical Breakdown:
$35.893 now acts as a key resistance zone. Bulls need to reclaim this fast to avoid further downside.
The bears smell blood, and liquidation pressure might drag prices lower if momentum continues.
⚡ Market Sentiment:
Volume Surge: Selling activity skyrocketed as bulls scrambled for the exit.
Bearish Momentum: With liquidations adding fuel to the fire, bears hold the upper hand.
📊 Trading Playbook:
Downside Risk: A break below $35.50 could open the floodgates to $35.00 or lower.
Upside Potential: If bulls regain control above $36.00, we might see a rally toward $37.00.
Risk Management: Protect yourself with stops under $35.40, as volatility remains high.
The Bigger Picture:
Liquidations often mark moments of peak volatility, and #ZEN is no exception. While fear dominates, smart traders are already planning their next move.
Will you seize the opportunity, or let the bears run the show? Time to take your stand!