$ZEN Liquidation Alert! What’s Next for Horizon (ZEN)?

The crypto market just saw a significant liquidation for

ZEN (Horizen) worth $8,429.4 at a price of $27.783. This signals a critical movement for traders – a potential opportunity is unfolding. Let’s analyze and find the best strategy!

1. Buy Zone:

Strong support is around $26.80 - $27.20. If the price dips further, it could offer a good entry point for a bounce-back opportunity.

2. Target Levels:

Short-term target: $29.50 - $30.20

Mid-term target: $32.00 - $33.00

3. Stop Loss:

Place your stop loss below $26.50 to protect against further downside.

Market Outlook

Bullish Case: If ZEN holds the support level and bounces, it could target the resistance zone around $30-$33. Momentum buyers may fuel the rally further.

Bearish Case: A break below $26.50 could lead to a bearish trend, and ZEN may slide toward $24-$25.

What to Watch Next?

Monitor Bitcoin’s price movements. If BTC stays strong, it might push ZEN upwards.

Keep an eye on trading volume – higher volume on a breakout above $28 could confirm bullish momentum.

This is NOT financial advice – just a trading idea based on recent activity. Always do your own research and trade wisely.

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