🚨 $ZEC LONGS JUST GOT SWEPT! — $86.8K BULLISH POSITIONS ELIMINATED!
The pressure is mounting on Zcash! A fresh wave of leveraged long liquidations has hit $ZEC at $1,235.60, putting short-term buyers on the defensive.
🔴 LIQUIDATION DETAILS
- Coin: $ZEC (Zcash)
- Liquidated Side: Long
- Total Value: $86,800
- Liquidation Price: $1,235.60
📉 WHAT THE MARKET IS TELLING US
This liquidation indicates that leveraged buyers were caught in the downside move. If selling pressure continues, additional long liquidations could accelerate the correction.
🎯 IMPORTANT PRICE LEVELS
- Liquidation reference: $1,235.60
- Immediate resistance: $1,250
- Major resistance: $1,315–$1,350
- Support zone: $1,210–$1,220
- Next downside watch: $1,100
⚔️ MY NEXT-MOVE OUTLOOK
My short-term bias is cautious to bearish while ZEC remains below $1,250.
🔴 Bearish setup: A confirmed breakdown below $1,210 could expose ZEC to another decline toward $1,100.
🟢 Bullish recovery: If buyers reclaim $1,250 and build momentum, a recovery toward $1,315 becomes possible.
🔥 PRO SIGNAL VIEW: The $1,210–$1,220 zone is where bulls need to show strength. Losing this support could make the situation considerably worse for leveraged buyers.
Stay disciplined. Let the next candle confirm the direction before taking a position.
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