$ZKP Long Liquidation: $3.6911K at $0.16667
Long traders on $ZKP were forced to exit as price dropped below a key support level, triggering stop losses and accelerating the downside move. Buyers failed to hold the zone, allowing sellers to take short-term control.
Liquidation Type: Long
Liquidated Amount: $3.6911K
Liquidation Price: $0.16667
EP: $0.1665
TP: $0.1615 → $0.1560
SL: $0.1715
Market Outlook:
This long liquidation signals weakness below the $0.167 area. As long as price remains under the liquidation zone, downside pressure can continue toward lower support levels. Any bounce without strong volume is likely to face selling.
Pro Tip: After a heavy long flush, avoid rushing trades. Let price stabilize and reclaim structure before considering longs patience protects capital.
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