🔥 Major Market Shake for $ZEN ! 🔥
A long liquidation of $5,749 just occurred at $32.908, wiping out over-leveraged buyers. This signals a potential trend shift or a strong bounce-back opportunity. Traders, it's time to sharpen your strategies—big moves are coming.
What’s Next for $ZEN?
The liquidation shows bullish weakness, but it may also pave the way for fresh opportunities if key support zones hold. Let’s prepare with detailed levels:
🔍 Key Trading Levels for $ZEN
1️⃣ Buy Zone:
If $ZEN continues its dip, watch for a strong support area at $31.80 - $32.50. This zone could attract buyers and trigger a rebound.
2️⃣ Target Levels:
Short-term Target: $34.50
Medium-term Target: $36.20
Long-term Target: $38.00
3️⃣ Stop Loss:
To manage risk, set a stop loss at $31.50. A drop below this level could indicate further bearish momentum.
Keep an eye on volume activity—a spike in buying volume near support could signal a potential reversal.
Stay cautious in case the price consolidates below $33.00 for too long.
📊 Scenario to Watch:
If $ZEN reclaims $33.50 with strong momentum, it could signal a bullish reversal. On the other hand, failure to hold the support zone could lead to a retest of $31.50 or lower.
🚀 Big Decisions Ahead! Will bounce back and reward patient buyers, or will bears take control? Stay alert, trade smart, and be ready to move!
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