$ZEN Here's an organic and simple analysis of your long liquidation.

Long Liquidation. $1.4673K at $36.683 – What's Next.

Recently, saw a long liquidation with $1.4673K being liquidated at the price of $36.683. This event has caught attention, and traders are wondering what's next for.

What Happens After a Long Liquidation.

Long liquidations happen when traders who bought at higher levels are forced to sell, often due to margin calls or price movements going against them. This could indicate potential selling pressure in the short term. However, it can also set up a potential buying opportunity if the price reaches support levels.

Buy Zone.

Looking at the current chart, if $ZEN drops to around $34.00 - $34.50, this could be a potential buy zone. This area shows support and might attract buyers looking for a bounce back.

Target Zone.

The immediate target for could be $40.00 - $42.00, based on previous price actions. If the price manages to break through resistance levels, could potentially rise further.

Stop Loss.

To manage risk, consider setting a stop loss just below the $33.00 level. This ensures that if the market moves against your position, your loss is minimized, protecting your capital.

What To Watch For.

Volume and Momentum. Watch for increased volume at the buy zone to confirm buying interest.

Support and Resistance. Pay attention to key levels like $34.00 for support and $40.00 for resistance.

Conclusion.

$ZEN is showing signs of volatility. If it finds support near $34.00 and starts moving up, we could see a nice recovery. Always ensure you are following a solid risk management strategy.

Hope this analysis helps.

If you're interested in updates or any changes, feel free to ask.

#ZEN/USDT #Crypto2025Trends #GrayscaleHorizenTrust #MarketRebound #BinanceLabsBacksUsual