$ZEC short liquidation of $1,191 at $60.8 for indicates that a short position was forcibly closed as the price increased beyond the liquidation threshold, signaling bullish activity
Key Implications
Bullish Momentum buyers have pushed the price higher triggering this liquidation.
Potential Resistance Zone $60.8 could be an area to watch for a possible consolidation or breakout
Trend Continuation More liquidations might follow if bullish momentum sustains