$ZEN just triggered a $1.3183K short liquidation at $5.182, showing that some short sellers were caught as price moved higher. The $1.3183K liquidation volume is not massive, but it signals that bearish leverage was squeezed around this level. If buying volume keeps growing above $5.182, more shorts could come under pressure. On the other hand, a quick rejection could erase the momentum. For now, ZEN is showing a small but interesting battle between buyers and leveraged sellers.
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