$ZEN Long Liquidated!
A $5.52K long position on $ZEN was liquidated at $22.794, reflecting growing bearish sentiment in the market. Buyers failed to maintain critical levels, resulting in a significant sell-off and triggering this liquidation.
Key Insights:
Bearish Momentum: The liquidation suggests increased selling pressure, potentially leading to further downside if bulls don’t recover soon.
Support Levels at Risk: If bearish trends continue, $ZEN could test lower price zones.
ZEN Technical Snapshot:
Resistance Level: $24.00
Support Zone: $22.00
Momentum: Bearish, with potential for further declines
Will zen find stability at key support levels, or is a deeper correction ahead? Keep a close eye on trading volume and sentiment for the next move!