Thrilling Market Update: $ZEN Long Liquidation!

A massive $6.9642K liquidation occurred at the price of $22.901. This shows strong selling pressure in the market, creating volatility.

Key Details:

Current Price Level: $22.901

Market Sentiment: Bearish due to liquidation

Support Level: $22.50 (next likely price floor)

Resistance Level: $23.50 (price ceiling to watch)

What Should You Do?

1. If You're Holding $ZEN :

Watch for support at $22.50. If it breaks, prices might drop further.

Set a stop-loss below the support to minimize losses.

2. If You Want to Trade:

Buying: Wait for a bounce near $22.50 to confirm the support holds.

Selling/Shorting: If the price struggles to break $23.50, it could be an opportunity to sell.

3. Strategy Tip: Keep an eye on trading volume and news updates. A sudden surge in volume may signal the next big move.

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