🚨 $ZEN Long Liquidation Alert! 🚨

Horizen ($ZEN) just faced $7.73K in long liquidations at $43.314, triggering heightened volatility. This key level marks a turning point for traders—are you ready for the next move?

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📊 Key Levels to Watch for $ZEN

Buy Zone: $40.50 - $42.50 (Strong support area for a potential bounce)

Stop Loss: $39.50 (Below major support to manage downside risks)

Targets:

Target 1: $45.00 (Immediate recovery level)

Target 2: $48.00 (Critical resistance for bullish momentum)

Target 3: $52.00 (Major breakout zone if the rally continues)

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📌 What Could Happen Next?

1. Scenario 1: If $ZEN holds above $40.50, buyers could regain control, pushing the price toward $45.00 or higher.

2. Scenario 2: If $ZEN breaks below $39.50, it might drop further to $37.00 or even $35.00 as selling pressure builds.

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⚡ Pro Tips for Trading $ZEN:

Wait for Confirmation: Watch for a strong reversal or bounce near the buy zone before entering.

Manage Risk: Use a tight stop-loss to limit losses if the market turns against you.

Volume Indicator: A spike in buying volume near support could signal a rebound.

💬 Your Play? Will ZEN recover or slide further? Share your strategy below!

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