🚨 $ZEN Long Liquidation Alert 🚨
A $8,969.90 long position on $ZEN was liquidated at $36.404, indicating a potential shift towards bearish momentum.
Traders, be ready for potential downward movement as the market absorbs this liquidation.
Analyzed Trade Plan for $ZEN :
Entry Point: $36.30
Target: $34.50 (conservative) / $32.00 (aggressive)
Stop Loss: $37.80
Analysis:
Long liquidations often signal a weakening of bullish momentum, allowing bears to take control.Watch for price to break key support levels, which could lead to a stronger decline.
Confirm with volume trends and market sentiment before taking any action.
Stay alert, act decisively, and manage your risk effectively.