🚨 VIP LIQUIDATION ALERT 🚨
A $1.36K short liquidation has been triggered on $ZEC near $494.73, signaling that bearish traders were forced to cover as buying pressure increased. This could mark the beginning of a stronger bullish push if momentum continues.
📈 Support: $485
📊 Resistance: $505
🎯 Next Target: $525 if resistance is broken with strong volume.
Holding above support keeps the bullish outlook intact. A decisive breakout above resistance could attract fresh buyers and trigger another round of short liquidations.
#Semiconductor supply chain shifts
#Fed rate cut expectations drop
