🚨 ZEC Long Liquidation Alert! 🚨
C traders just took a hit — $3.0189K in long positions wiped out at $159.51! 💥
The bulls overextended, and the market snapped back with precision. That liquidation wick shows a sharp rejection zone, hinting that buyers lost grip for now.
📊 Key Insights:
Liquidation cluster near $159–$160 = major resistance zone ⚠️
If price fails to reclaim $160, expect another dip toward $153–$155 support
Break above $160.5 with volume = short-term bullish reversal signal 🚀
🔥 Next Move Suggestion:
Watch the $158–$160 zone like a hawk.
Scalp traders: consider quick shorts near resistance, tight stops above $161.
Swing traders: wait for a clean breakout retest above $160 before entering long — momentum could push toward $165–$168 if bulls regroup.
The market’s heating up — ZEC might just be setting the stage for a volatility burst. ⚡