$ZEN Recently, a short liquidation of $5.0489K occurred at $18.373 for ZEN. This event suggests strong bullish momentum, as short liquidations often indicate a reversal or continuation of upward price movement. Here's what you need to know for your trading strategy:

Current Market Outlook.

Trend: Bullish (following the short liquidation)

Resistance Zone: $18.50 - $19.00

Support Zone: $17.50 - $18.00

Buy Zone.

Entry Range: $17.80 - $18.20

Wait for minor pullbacks or dips before entering to reduce risk.

Targets.

1. Target 1: $19.00

2. Target 2: $19.50

3. Target 3: $20.00 (if momentum sustains)

Stop-loss.

Place your stop-loss at $17.50 to manage risks effectively.

Pro Tip.

1. Monitor the volume—if buying volume continues to rise, the bullish move could extend.

2. Keep an eye on broader market conditions (Bitcoin's movement often impacts altcoins like ZEN).

This is not financial advice, but a roadmap for potential trades based on recent market activity. Always use proper risk management and trade within your limits.

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