$ZRO Long Liquidation: $1.0014K Wiped Out at $6.77108!
The bears take control! ๐จ A long liquidation worth $1,001.4 just shook the #ZRO market as prices plunged to $6.77108, leaving bulls stunned and sidelined.
What Went Down?
๐น Bulls Overpowered: Buyers couldnโt hold the line, triggering a cascade of liquidations.
๐น Support Collapse: Key levels crumbled, adding fuel to the bearish momentum.
๐น Market Impact: The swift drop reflects growing selling pressure and hesitation among long traders.
Whatโs Next?
Support Watch: $6.70 could act as the next critical level to test buyer resilience.
Bearish Extension: If the trend continues, the market might retest the $6.50 zone.
Potential Rebound: Oversold conditions could trigger a sharp bounce, but caution is key.
๐ก Trader Tip: Stay vigilant! This volatile move opens up opportunities for both scalpers and swing traders. Manage your positions wisely and look for volume cues.
Will the bulls regroup, or are the bears here to stay? Stay tuned for the next move! ๐