A $4.91K LONG liquidation just hit $ZEC at $289.29, flushing leveraged long positions and resetting short-term market structure. Liquidations of this size often act as a liquidity sweep, clearing weak hands and opening a sharp volatility window.

With leverage removed, $ZEC is now trading at a key reaction zone. If buyers step in and defend this level with volume support, $ZEC could attempt a recovery move. Failure to hold may lead to further downside exploration before balance is restored.

Trade Setup

EP: 284 – 292

TP1: 305

TP2: 330

TP3: 370

SL: 272

Post-liquidation moves can be sharp — let price action confirm direction.

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