$ZEN Liquidation Alert
A long position worth $53.4K was liquidated at $27.30. This indicates strong selling pressure in the market.
Key Levels to Watch:
Support: $26.80 – If $ZEN approaches this level, buyers might step in.
Resistance: $28.50 – This is a hurdle; the price needs to break this level for a bullish move.
Next Move Suggestions:
If you’re holding: Be cautious. A break below $26.80 could lead to further downside.
Looking to trade: Wait for confirmation.
.Bullish entry: Buy above $28.50 with a tight stop-loss.
.Bearish setup: Sell below $26.80 targeting lower levels.
Patience is key in this volatile zone.