I’m seeing a wave of short positions get taken off the board near $369.73, and price didn’t collapse after that event. The reaction looks resilient, showing selling effort was absorbed while buyers stepped in.
Price is holding above the $368 reaction zone, keeping the broader structure intact. Upside momentum is rebuilding as forced exits reduce downward pressure and improve follow-through. Liquidity is concentrated above $400 and $435, which often attracts price higher if demand stays active.
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I’m seeing a wave of short positions get taken off the board near $369.73, and price didn’t collapse after that event. The reaction looks resilient, showing selling effort was absorbed while buyers stepped in.
EP (Entry Price): $374.8
TP1: $392.5
TP2: $418.0
TP3: $455.0
SL (Stop Loss): $352.0
Price is holding above the $368 reaction zone, keeping the broader structure intact.
Upside momentum is rebuilding as forced exits reduce downward pressure and improve follow-through.
Liquidity is concentrated above $400 and $435, which often attracts price higher if demand stays active.
$ZEC