$ZEC Long Liquidation Update
A $50.3K long position was wiped out at $69.52, showing that bulls may be struggling to hold their ground.
Market Analysis:
Liquidations like this often lead to further bearish sentiment.
Resistance is likely to strengthen near $70, while support needs to hold firm.
Strategic Insight:
If $ZEC stabilizes above $69, we might see an attempt to reclaim $71-$72.
However, failure to hold $69 could lead to a deeper dip toward $67.50-$68.00.
this entry point is good for buyers because this is temporary Dumb
Tip: Stay alert for volume surges to confirm the next move!
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