I’m seeing a very large short position get erased near $364.12, and price didn’t break down after that flush. The reaction looks decisive, showing sellers were trapped while buy-side interest absorbed the liquidity.
Price is holding above the $360 reaction zone, keeping the broader structure constructive rather than damaged. Upside acceleration is increasing as forced liquidations remove heavy sell pressure from the market. Liquidity is stacked above $400 and $450, which often acts as a magnet if demand remains active.
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I’m seeing a very large short position get erased near $364.12, and price didn’t break down after that flush. The reaction looks decisive, showing sellers were trapped while buy-side interest absorbed the liquidity.
EP (Entry Price): $369.5
TP1: $392.0
TP2: $428.5
TP3: $485.0
SL (Stop Loss): $346.0
Price is holding above the $360 reaction zone, keeping the broader structure constructive rather than damaged.
Upside acceleration is increasing as forced liquidations remove heavy sell pressure from the market.
Liquidity is stacked above $400 and $450, which often acts as a magnet if demand remains active.
$ZEC