$ZEC Short Liquidation: $8.0759K at $58.85

🚨 Market Alert:

Liquidation Type: Short

Liquidation Value: $8,075.90

Liquidation Price: $58.85

💹 Market Insight:

ZEC has surged, liquidating short positions as bulls drive the price higher. With momentum building, ZEC could test new resistance zones if the rally continues.

🔥 Trading Strategy:

Entry Point: Enter near $59.00, capitalizing on the bullish trend.

Target 1: Set your sights on $61.00, the first key resistance (3.4% potential gain).

Target 2: If buying momentum persists, aim for $63.50, a major resistance level.

Stop Loss: Place a stop at $57.50 to minimize downside risks.

💥 Key Levels to Watch:

Support Zone: Strong support lies at $58.00; a dip below this could signal a temporary pullback.

Breakout Zone: A move above $61.00 could pave the way for a rally toward $65.00, fueled by increased buying interest.

🔔 Pro Tip:

Watch for high trading volume! It confirms bullish momentum and ensures the breakout is sustained.

Stay agile and adjust your stop-loss as the price approaches resistance.

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