$ZEN Short Liquidation: $7.8102K at $29.97
🚨 Market Update:
Liquidation Type: Short
Liquidation Value: $7,810.20
Liquidation Price: $29.97
💹 Market Insights:
ZEN has experienced a surge, triggering short liquidations as bullish sentiment takes hold. The current trend indicates potential for further upward momentum if key resistance levels are breached.
🔥 Trading Strategy:
Entry Point: Enter near $30.10, just above the liquidation level, to ride the bullish trend.
Target 1: First resistance is at $31.50, offering a potential 4.6% gain.
Target 2: If momentum continues, aim for $33.00, a significant resistance zone.
Stop Loss: Set your stop at $29.00 to protect against a potential reversal.
💥 Key Levels to Watch:
Support Zone: Strong support exists at $29.50; a dip below this could signal a temporary pullback.
Breakout Zone: Sustained movement above $31.50 could ignite a rally toward $34.00, driven by renewed buying interest.
🔔 Pro Tip:
Track the trading volume! High buying activity near $30.10 confirms bullish momentum, while declining volume near resistance suggests caution. Stay agile and adjust your targets dynamically.
