🚨 $ZHIPU LONGS WIPED OUT! $79.8K LIQUIDATION AT $59.62 — BEARS TAKE ADVANTAGE! 🔴
Painful setback for bulls! $ZHIPU recorded *$79.8K* long liquidation at *$59.62* — highlighting pressure facing leveraged buyers!
Will selling pressure trigger another liquidity flush or buyers preparing oversold recovery?
*📊 $ZHIPU — MARKET BREAKDOWN*
*Type:* Long 🔴
*Volume:* $79.8K
*Price:* $59.62
*Current Ref:* ∼$55.81
*Immediate Support:* $55.12
*Lower Support:* $50.92
*First Resist:* $61.33
*Major Resist:* $66.52
*📉 WHAT'S NEXT? BIAS: BEARISH*
*🔴 Bearish Continuation:* Daily breakdown below *$55.12* = expose *$50.92*, extending selling pressure!
*🟢 Bullish Recovery:* Defend *$55.12* + reclaim *$61.33* = recovery to *$66.52* possible!
*🎯 VERDICT:* Technical favors sellers! RSI ∼34.4, daily trend strongly bearish! Oversold can produce sharp relief rallies though!
Avoid aggressive longs until reclaims *$61.33* with convincing volume!
*CRITICAL BATTLE: $55.12* is level bulls need to defend! Losing it = another downside leg!
⚠️ Idea Only.
$ZHIPU #ZHIPU #ZhipuAI #LongLiquidation #LiquidationAlert
Painful setback for bulls! $ZHIPU recorded *$79.8K* long liquidation at *$59.62* — highlighting pressure facing leveraged buyers!
Will selling pressure trigger another liquidity flush or buyers preparing oversold recovery?
*📊 $ZHIPU — MARKET BREAKDOWN*
*Type:* Long 🔴
*Volume:* $79.8K
*Price:* $59.62
*Current Ref:* ∼$55.81
*Immediate Support:* $55.12
*Lower Support:* $50.92
*First Resist:* $61.33
*Major Resist:* $66.52
*📉 WHAT'S NEXT? BIAS: BEARISH*
*🔴 Bearish Continuation:* Daily breakdown below *$55.12* = expose *$50.92*, extending selling pressure!
*🟢 Bullish Recovery:* Defend *$55.12* + reclaim *$61.33* = recovery to *$66.52* possible!
*🎯 VERDICT:* Technical favors sellers! RSI ∼34.4, daily trend strongly bearish! Oversold can produce sharp relief rallies though!
Avoid aggressive longs until reclaims *$61.33* with convincing volume!
*CRITICAL BATTLE: $55.12* is level bulls need to defend! Losing it = another downside leg!
⚠️ Idea Only.
$ZHIPU #ZHIPU #ZhipuAI #LongLiquidation #LiquidationAlert