I’m seeing short exposure get removed around $12.675, and price didn’t retreat after that sweep. The reaction looks resilient, suggesting sell-side pressure was intercepted and control rotated higher.
Price is holding above the $12.60 reaction band, keeping the structure constructive rather than stressed. Momentum is rebuilding as forced exits lighten downside weight and open room for continuation. Liquidity is positioned above $13.60 and $14.90, which often draws price higher if buyers stay engaged.
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I’m seeing short exposure get removed around $12.675, and price didn’t retreat after that sweep. The reaction looks resilient, suggesting sell-side pressure was intercepted and control rotated higher.
EP (Entry Price): $12.85
TP1: $13.45
TP2: $14.35
TP3: $15.90
SL (Stop Loss): $11.95
Price is holding above the $12.60 reaction band, keeping the structure constructive rather than stressed.
Momentum is rebuilding as forced exits lighten downside weight and open room for continuation.
Liquidity is positioned above $13.60 and $14.90, which often draws price higher if buyers stay engaged.
$ZEN