$ZEC long liquidation of $6.1999K at $415.46 shows buyers getting stopped out, signaling short-term weakness. Liquidity now sits below price, increasing the chance of a downside continuation if selling pressure persists.
Next move and targets:
TG1: $412
TG2: $408
TG3: $402 (key support zone)
A brief bounce may occur, but trend favors the downside until strong buying returns.
Pro tip: After large long liquidations, price often moves lower. Wait for clear support before entering.
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