$ZEN Short Liquidation Overview
Liquidation Amount:
$8.3476K
Liquidation Price:
$30.803
Trade Analysis:-
Entry Point:
Enter a short position at $30.803 for $ZEN, capitalizing on potential price corrections in the current market.
Target Price:
Aim for a target at $28.50, allowing for substantial profit capture as the market trends downwards.
Stop Loss:
Set a stop loss at $32.50 to manage risk and protect against unexpected price surges.
Win-Loss Ratio:
With an entry at $30.803, a target of $28.50, and a stop loss at $32.50, this trade presents a favorable win-loss ratio of approximately 3:1.
Market Considerations:
The recent price movement in $ZEN indicates potential volatility. Keep an eye on broader market trends that could impact the price trajectory. News and economic indicators may drive unpredictable price action, making it imperative to stay informed.
Summary:
This short liquidation of $8.3476K at $30.803 represents a considerable opportunity to profit from a price decline in $ZEN . Strategic entry, clear targets, and a tight stop loss create a dynamic and calculated approach to this trade.
Investment Disclaimer
Investments are subject to high market risks, including extreme volatility, regulatory changes, and the potential loss of principal. Past performance does not guarantee future results. Always assess your risk tolerance, conduct thorough research, and consult a financial advisor before making any investment decisions.