$ZKP Short Liquidation: $1.766K at $0.16335
Short sellers on $ZKP were forced to exit as price pushed higher, triggering a clean short liquidation. Sellers failed to hold the level, and forced buying added momentum to the upside move.
Liquidation Type: Short
Liquidated Amount: $1.766K
Liquidation Price: $0.16335
EP: $0.1618
TP: $0.1680 → $0.1750
SL: $0.1585
Market Outlook:
This short liquidation confirms buyers defending the lower range and shifting momentum against shorts. As long as price holds above the liquidation zone, upside pressure remains active with room for continuation toward higher resistance. Minor pullbacks are healthy, but structure currently favors the bulls.
Pro Tip: After shorts get liquidated, wait for a pullback into support. Calm entries always beat chasing fast green candles.
