$ZEC triggered a significant short liquidation event, forcing bearish traders to cover positions as price pushed higher and momentum accelerated.
The liquidation-driven breakout has strengthened bullish sentiment and signals strong buyer interest around current levels.
EP
510.00 - 518.00
TP
TP1 530.00
TP2 550.00
TP3 580.00
SL
500.00
Liquidity was taken above recent highs, clearing short positions and creating additional buy-side pressure across the market.
The recent squeeze suggests sellers are losing control, while buyers continue to defend higher levels and maintain a constructive trend structure.
As long as price remains above the reclaimed breakout zone, the bullish setup remains intact and favors continuation toward higher resistance levels.
A decisive move above 530.00 could attract fresh momentum traders and accelerate the push toward the next liquidity targets.
The size of this short squeeze highlights strong market demand, placing $ZEC among the stronger momentum setups currently on the radar.
Let’s go $ZEC
