$BZ experienced a long liquidation event, triggering forced selling as leveraged bullish positions were closed out during the recent decline.

The liquidation flush has increased volatility and pushed price toward a key support area where market participants will be looking for signs of stabilization.

EP
83.50 - 84.50

TP
TP1 86.00
TP2 88.50
TP3 92.00

SL
81.80

Liquidity was swept below recent lows, removing excess leverage and resetting short-term market conditions.

The move appears to be driven primarily by liquidation pressure rather than a confirmed breakdown in overall structure.

As long as buyers defend the current demand zone, the possibility of a recovery toward higher resistance levels remains on the table.

A successful reclaim of 86.00 could attract fresh momentum and open the door for a stronger move into the next liquidity areas.

The market has cleared weak hands, and the next reaction around support will be crucial for $BZ.

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