$ZK Long Liquidation Update!

A $6,220.3 liquidation occurred at $0.23773 for ZK longs,

indicating bearish dominance and market instability.

Bulls failed to maintain momentum, leading to this sharp sell-off.

What This Signals:

1. Bearish Pressure: Sellers have taken control, driving prices lower.

2. Weak Support: Buyers were unable to defend key levels, increasing downside risk.

Key Levels to Watch:

Support: $0.2300 - Losing this level could deepen the decline.

Resistance: $0.2500 - Bulls need to reclaim this for a potential recovery.

Next Steps:

1. Traders: If ZK stays weak, consider shorting opportunities near resistance zones.

2. Investors: Avoid hasty decisions; wait for signs of stabilization before re-entering.

3. Risk Tip: Always use stop-loss orders to protect against unexpected volatility.

ZK might face more downside—stay cautious and follow market trends closely!

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