TP: ZEC and the Short Squeeze from Retail Traders

Retail traders have been losing in the leverage battle with $ZEC for many days now.

Every strong short-selling attempt has encountered relentless absorption from mid-tier wallets and whales, triggering a typical short squeeze led by retail traders.

(ZECUSDT)

Below is the actual trading flow behind this movement:

šŸ”¹ Retail Traders (0ā€“1k)

They have been aggressively and continuously selling throughout the week.

Retail traders have been continuously short-selling at every recovery and every consolidation area, only to be forced to buy back (squeezed) repeatedly. They have become the liquidity source for the price rally.

šŸ”¹ Mid-Tier Wallets

$LUNA , $USUAL .