⚠️ ZEC: liquidations can become fuel for the next move
Right now, ZEC is in a zone where any sudden move could trigger a chain of liquidations.
🔻 Below the current price — the long zone: if there’s a sharp drop, their liquidations can accelerate the decline.
🔺 Above — the short zone: if ZEC starts rising quickly, short liquidations can turn into a short squeeze (short squeeze — a sharp rise caused by mass closing of shorts).
The main thing now is to watch not only the price, but also where the liquidity is clustered.
💥 ZEC may first take the liquidations on one side, and then sharply reverse.
Not financial advice. DYOR.
Right now, ZEC is in a zone where any sudden move could trigger a chain of liquidations.
🔻 Below the current price — the long zone: if there’s a sharp drop, their liquidations can accelerate the decline.
🔺 Above — the short zone: if ZEC starts rising quickly, short liquidations can turn into a short squeeze (short squeeze — a sharp rise caused by mass closing of shorts).
The main thing now is to watch not only the price, but also where the liquidity is clustered.
💥 ZEC may first take the liquidations on one side, and then sharply reverse.
Not financial advice. DYOR.
