$ZEN Trading Alert

Short Liquidation Alert: $51.2K liquidated at $28.18

This short liquidation suggests a potential bullish momentum in ZEN. Let’s capitalize on this opportunity with a strategic plan:

Key Levels

Buy Zone: $27.50 - $28.00

Enter within this range if the price holds steady or shows strength.

Target Levels:

1. Target 1: $29.00

2. Target 2: $30.50

3. Target 3: $32.00

Stop Loss: $27.20

Exit immediately if the price falls below this level to avoid losses.

Market Analysis

The short liquidation at $28.18 hints at strong buying pressure. If ZEN sustains above $28.50, it may indicate further upward movement.

A break above $29.00 with volume could fuel a bullish rally.

Risk Management

1. Use only 1-2% of your total capital on this trade.

2. Maintain strict discipline with your stop loss to protect against unexpected reversals.

Action Plan

1. Monitor for Entry:

Wait for the price to dip into the Buy Zone or break above $28.50 before entering.

2. Set Targets:

Stick to the mentioned targets. After hitting Target 1, move your stop loss to break-even to secure profits.

3. Capture Gains:

Use a trailing stop loss after hitting Target 2 to maximize potential profits if the uptrend continues.

Pro Tip

ZEN’s price movements can be influenced by broader market trends. Stay updated with Bitcoin and major altcoin trends for additional confirmation.

Trade smart, stay patient, and follow the plan!

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