$ZEN Short Liquidation Alert
Shorts liquidated: $1.43K at $11.861 — sellers forced out, often a precursor to bullish continuation.
Bullish Breakout Setup
Price is holding above the squeeze zone, signaling buyer strength and improving structure.
Key Levels
Support: $11.70 – $11.85
Breakout Zone: $12.05 – $12.20
Resistance: $12.60 – $13.20
Trade Setup (Long Bias)
Entry: Pullback & hold above $11.85, or break and hold above $12.20
Targets:
TP1: $12.60
TP2: $13.20
TP3: $14.00
Stop Loss: Below $11.40
Market Sentiment
Short squeeze hands control to the bulls. Sustained strength above $12.20 with volume could unlock the next upside leg. Trade the levels, manage risk.
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ZEN
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