$ZRO Long Liquidation Alert – Market Pressure Building
A long liquidation worth $9.9K triggered around $1.6876 has just hit the market. This usually means over-leveraged long positions were forced out, often creating short-term volatility and potential liquidity hunts. Moments like this can present opportunities, but they also require careful risk management.
After this liquidation, price may briefly dip to collect more liquidity before attempting a rebound if buyers step in.
Possible Trade Setup (Scalp Idea):
Entry Zone: $1.62 – $1.67
This area could act as a short-term demand zone after the liquidation flush.
Stop Loss: $1.56
Placed below the recent liquidity pocket to protect against deeper downside.
Take Profit Targets:
TP1: $1.74
TP2: $1.82
TP3: $1.95
If momentum returns, a reclaim above $1.75 could trigger a stronger recovery move.
📊 Liquidation events like this often reset leverage and give the market a cleaner structure for the next move.
Share your view on ZRO — bounce incoming or more downside first? 🚀📉
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Posted for the trading community on Binance Square.
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