Sell-Off Carnage: $55.3K Long Liquidation on $ZEC !
In a dramatic turn, $55,300 in long positions have been liquidated as $ZEC plunges to $51.91, rattling bullish traders and emphasizing the risks of high-leverage positions in a bearish market.
Key Insights:
Liquidation Value: $55.3K
Price Drop: $51.91
Market Sentiment: Bearish momentum accelerating.
This significant liquidation showcases mounting sell pressure, leaving bulls on the defensive.
As $ZEC fights to stabilize, traders are eyeing key support levels to gauge the next move.
What’s your outlook—time to step in or stay on the sidelines?
Share your perspective below and stay updated as the market unfolds!