$ZEN just witnessed a massive $120K short liquidation at $34.15, sending shockwaves through the market.
This sharp move has triggered a surge, leaving shorts trapped and pushing $ZEN towards new levels.
If you're looking to enter, the ideal entry point would be near the $40 level.
Place a stop loss at $37 to protect against further downside, while the target could be set around $45, where ZEN faces strong resistance.
With market volatility high, $ZEN is primed for some intense moves, and traders will need to stay sharp.