$ZRO Alert: Long Liquidation at $5.8827 – What’s Next?
A $5.105K long liquidation just hit at $5.8827! Bears might be gaining control, but opportunities are brewing for the bold. Let’s plan the next move with clear strategies.
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Buy Zone:
Look to enter near $5.80–$5.85 if price stabilizes.
For cautious traders, wait for confirmation of support around these levels before jumping in.
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Targets:
1. Target 1: $6.00
Minor resistance; a quick and safe profit zone.
2. Target 2: $6.15
A stronger resistance where significant selling could occur.
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Stop Loss:
Place your stop loss at $5.75.
Protect yourself from unexpected bearish breakdowns.
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What’s Next?
If $ZRO rebounds from $5.8827 and breaks $5.90, it could signal strength and trigger a short-term rally.
Watch for volume spikes to confirm bullish intent.
If the price drops below $5.80, more downside pressure could unfold.
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Key Tip: Always trade with a cool head. Stick to your plan and don’t chase after price movements blindly. The market rewards discipline!
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