$ZEN – Thrilling Long Setup!
Massive $7.46K long liquidation spotted at $16.38—could this be the perfect opportunity for a major move?
Current Scenario:
Horizen ($ZEN ) has triggered significant long liquidations, shaking out weak hands. Smart traders know this could signal a powerful reversal or continuation move!
Buy Zone:
Aggressive Entry: $15.80 – $16.20
Conservative Entry: $15.50 – $15.75 (If further dip happens)
Target Levels:
Target 1: $17.20
Target 2: $18.00
Target 3: $19.50
Stop Loss:
Safe Stop: Below $15.30
Tight Stop: Below $15.75
Strategy:
If price bounces from the liquidation level ($16.38), it could trigger a strong upside move.
Watch for volume confirmation and market sentiment before entering.
If price dips into the lower buy zone, consider adding more for a potential explosive rally.
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