$ZEN Alert: A major short position of $51,200 was just liquidated at $28.18! This indicates a strong bullish push in the market.
Key Takeaway:
The liquidation suggests buyers are dominating, and we might see further upward momentum if the bullish sentiment continues.
However, monitor resistance levels around $30 and $32 for potential profit-taking zones.
Next Move Strategy:
• Bullish Outlook: A breakout above $30 could open doors to $35 in the coming days.
• Bearish Caution: A rejection near $30 may lead to short-term retracements back to $27.
Stay vigilant and manage risk effectively!
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