🚨 $ZEC Liquidation Alert! 🚨
The bears are trembling! A massive $21.124K in short positions has been liquidated at $59.97. Is $ZEC ready to break out, or will the volatility continue? Let’s dive in:
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🔍 Key Levels to Watch
1. Buy Zone:
Ideal entry range: $58.50 - $60.50 (a strong support area).
2. Target Levels:
Short-term: $63.00
Mid-term: $66.00
Long-term: $70.00+
3. Stop Loss:
Place your stop loss at $57.50 to protect your capital.
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📊 Market Analysis
Bullish Indicators: The liquidation signals a potential squeeze. If $ZEC holds above $60, we could see a strong bullish rally toward the next resistance levels.
Bearish Risks: A drop below $58.50 could test support at $56.00, so keep a close watch on the momentum.
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🔥 What’s Next for $ZEC?
The stage is set for a breakout! A decisive move above $63.00 could trigger more buying and lead to a bullish wave. Stay vigilant—this might be the perfect time to ride the ZEC momentum!
⚠️ Note: Always trade wisely and use proper risk management. The crypto market is volatile and can surprise even seasoned traders!
Are you jumping on the ZEC train? Let’s hear your strategy! 🚀
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