đ¨ $ZEN Short Liquidation Alert: $6.7887K at $42.858! đ¨
$ZEN has just seen a massive short liquidation of $6.7887K at $42.858. This major event could spark a powerful price movement! Hereâs the breakdown:
đ Current Situation:
Liquidation level: $42.858
Amount liquidated: $6.7887K
A large number of short positions were forced to close, which could lead to a price surge as buying pressure increases. This is a critical moment to stay alert!
đĄ Whatâs Next?
Price Action Prediction: After such a massive short squeeze, thereâs a high probability that the price could spike in the short term. Watch for a potential rally, but be cautious for any quick pullbacks.
đŻ Buy Zone:
Watch for buy entry between $41.50 to $42.50. If the price dips into this range, it could be a good chance to enter before the next upward move.
đ Target Price:
$46.00 - $48.00: If the price keeps rising, these resistance levels are where the price might face challenges. Itâs a good area to consider taking profits.
â Stop Loss:
Set your stop loss at $40.00 to $41.00. This ensures that your risk is limited if the market decides to reverse unexpectedly.
đ Key Things to Watch:
Volume: A surge in volume will confirm that the buying momentum is real.
Market Sentiment: Pay attention to news or updates that could drive the market in either direction.
â ď¸ Important Reminder: The crypto market can change direction quickly. Always trade with caution and use risk management to protect your capital. Never invest more than you can afford to lose!
đĽ Stay sharp, trade smart, and seize the opportunity! đĽ
#GrayscaleHorizenTrust #MarketRebound #BinanceLabsBacksUsual #MicroStrategyInNasdaq100 #BTCNextMove