$ZEN Liquidation Alert: What’s Next?
Breaking News:
A $9.6316K long position was liquidated at $28.37.
Intense selling pressure suggests $28.37 is a critical level to watch.
📌 Buy Zone:
Look for opportunities between $26.50 - $27.50, a potential support area where buyers may step in.
🎯 Target Levels:
1. $29.00 - Short-term resistance and immediate recovery level.
2. $31.00 - Medium-term target if bullish momentum sustains.
❌ Stop Loss:
Set a tight stop-loss at $26.00 to minimize losses in case of further downside.
Why This Plan Makes Sense:
The $26.50-$27.50 range aligns with historical support zones.
Clearing $29.00 could attract fresh buying, pushing the price toward $31.00.
Tips for Success:
Use proper position sizing to manage risk effectively.
Keep an eye on volume spikes to confirm trend reversals.
Patience and discipline are key—trade wisely!
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