🚨 $ZEC

ZEC
ZEC
261.84
-11.89%

Short Liquidation Alert – Market Just Flipped

A big short liquidation of $15.308K hit ZEC at $306.16.

This tells us something important: short sellers were forced out, and price reacted fast. When shorts get liquidated, momentum often shifts upward for a while.

Let’s break it down in very simple English 👇

🔍 What Just Happened?

Short traders were betting that ZEC would fall.

Price moved against them, their stop losses hit, and their positions were closed automatically.

This creates buy pressure, which can push price higher.

That’s why this level matters.

📊 Current Market Idea (Step by Step)

Key Support Zone (Buy Area):

➡️ $295 – $300

This zone is strong because price already reacted from here.

If ZEC comes back and holds this area, buyers may step in again.

Aggressive Buy:

➡️ Near $302 – $300 with confirmation (small bounce or strong candle)

Safe Buy:

➡️ Near $295 – $297 only if price shows support

🎯 Targets (Take Profit Levels)

Target 1: 🎯 $315

Good for quick profit, safe level.

Target 2: 🎯 $328 – $332

If momentum stays strong, price can reach here.

Target 3 (Stretch): 🎯 $350+

Only possible if volume increases and market stays bullish.

🛑 Stop Loss (Very Important)

➡️ Stop Loss: $289

If price breaks below this, the setup becomes weak.

Always protect your capital.

🧠 Market Psychology (Why This Can Work)

Shorts already got liquidated → pressure reduced

Buyers now control the zone

If price holds above $300, fear turns into FOMO

⚠️ Final Note

Trade with small risk, don’t over-leverage.

Market can change fast. Follow the plan, not emotions.

#Binance

#MarketRebound