$ZRO Long Liquidation: Bears Strike at $5.85539!
The ZRO market witnessed a $1.49K long liquidation, triggered at the key level of $5.85539.
This move highlights growing bearish pressure, forcing bulls out of their positions and signaling a potential shift in market sentiment.
Key Details:
Liquidation Value: $1,486.10
Triggered Price: $5.85539
Market Sentiment: Bears in control.
Next Move:
Downside Risk: If selling pressure persists, $ZRO could test support at $5.75, a critical level to hold.
Upside Potential: A recovery above $5.90 could revive bullish momentum, targeting $6.00.
Suggested Stop Loss:
For longs: $5.80
For shorts: $5.90
$ZRO is at a pivotal moment—prepare for heightened volatility as the market chooses its direction!