$ZEC just saw a $4.9162K long liquidation at $508.24 🔴 — a sharp reminder that leverage is getting punished around this zone.
Support: $508 → $500
Resistance: $520 → $535
Next Target 🎯: $535, with $550 as the breakout extension if momentum returns.
A clean hold above $508 could give buyers room to reclaim $520 and challenge higher resistance. But if $500 breaks decisively, selling pressure could accelerate toward the next lower support.
Pro Tip: Don’t chase the liquidation move. Watch the $500–$520 range for confirmation, volume, and a clear breakout/rejection before taking a position.
$ZEC #Hyperliquid challenges SEC rule #Treasury yields hit 19-year high #Strategy raises funds, holds BTC steady #World Liberty Financial gets conditional bank charter #3x Bitcoin and Ether ETFs proposed
