$ZEN Short Liquidation: $5.6217K at $31.707

🚨 Market Alert:

Liquidation Type: Short

Liquidation Value: $5,621.70

Liquidation Price: $31.707

💹 Market Analysis:

ZEN’s surge wiped out short positions, signaling strong bullish momentum.

Buyers are driving the price higher, and key levels ahead could define the next move.

🔥 Trading Strategy:

Entry Point: Look to enter near $31.80, just above the liquidation level, to ride the bullish wave.

Target 1: First resistance lies at $33.00, offering a 3.8% potential gain.

Target 2: If momentum persists, aim for $35.00, a major resistance and psychological level.

Stop Loss: Protect your position with a stop at $30.50 to limit downside risk.

💥 Key Levels to Watch:

Support Zone: A pullback to $31.00 could attract new buyers. Watch for stabilization here if the price dips.

Breakout Potential: A sustained move above $33.00 could fuel a rally toward $36.00, where stronger resistance awaits.

🔔 Pro Tip:

Monitor volume closely! High volume confirms the breakout, while low activity near $33.00 could signal exhaustion. Adjust your strategy as the market evolves.

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