ZEN Long Liquidation Alert

A long position worth $14.22K has been liquidated on #ZEN at a price of $6.551.

This liquidation indicates that leveraged bullish traders were forced out after a downward move, likely triggered by short-term volatility or a breach of a key support level. Large liquidations like this often lead to increased short-term market swings.

📊 Key insights for traders:

Liquidation zones can act as temporary support or resistance

Volatility often spikes after leveraged positions are closed

Monitor volume and price action for potential bounce or continuation

Effective risk management and leverage control remain crucial in volatile markets.

#zen #Market_Update #LiquidationAlert #cryptouniverseofficial $ZEN