#ZETA has just experienced a significant long liquidation of $54.1K at $0.607, signaling a sharp pullback and a shift in market sentiment.
This liquidation reflects the pressure on long positions as $ZETA faces downward momentum, contributing to the current decline.
With such a large liquidation event, $ZETA may see further volatility, potentially triggering additional long liquidations and amplifying the downward move.
$ZETA is under strain in the short term, and traders should remain cautious while monitoring for signs of a potential reversal or continued weakness.
Keep a close watch on $ZETA as it reacts to this market shift.