🚨 ZEC LONGS UNDER PRESSURE — $152K WIPED OUT!
🔴 #ZEC Liquidated Long: $152K @ $1,308.13
The liquidation hit as ZEC tested the $1,308 area, showing that leveraged buyers are getting flushed during the current volatility. ZEC has recently been experiencing heavy two-way liquidation activity, with the market still highly leveraged. �
coinglass +1
📉 Market Read:
This long liquidation adds short-term bearish pressure, but it can also clear excessive leverage and create room for a rebound.
🎯 My trading view:
$1,300–$1,308 = key reaction zone. If ZEC holds this region and buyers step back in, a recovery toward $1,350 → $1,400 could develop. A decisive break below $1,300 would weaken the setup and expose further downside.
⚡ Signal Bias: Watch for confirmation — reclaim = bullish momentum; breakdown = bearish continuation.
Not financial advice. Manage leverage and risk carefully.
#NFPWatch #EthereumFoundationLaunchesZkAPIOnMainnet #EvernorthPlansNasdaqListingOct8 #SECProposesCryptoCustodyFramework #AnthropicTargetsIPOAsSoonAsMidNovember
🔴 #ZEC Liquidated Long: $152K @ $1,308.13
The liquidation hit as ZEC tested the $1,308 area, showing that leveraged buyers are getting flushed during the current volatility. ZEC has recently been experiencing heavy two-way liquidation activity, with the market still highly leveraged. �
coinglass +1
📉 Market Read:
This long liquidation adds short-term bearish pressure, but it can also clear excessive leverage and create room for a rebound.
🎯 My trading view:
$1,300–$1,308 = key reaction zone. If ZEC holds this region and buyers step back in, a recovery toward $1,350 → $1,400 could develop. A decisive break below $1,300 would weaken the setup and expose further downside.
⚡ Signal Bias: Watch for confirmation — reclaim = bullish momentum; breakdown = bearish continuation.
Not financial advice. Manage leverage and risk carefully.
#NFPWatch #EthereumFoundationLaunchesZkAPIOnMainnet #EvernorthPlansNasdaqListingOct8 #SECProposesCryptoCustodyFramework #AnthropicTargetsIPOAsSoonAsMidNovember