$ZM Bounces to 96.00 or breaks to 86.00.



​Long $ZM (Or Wait for Breakout Confirmation

​Entry: 89.80–90.97

​SL: 88.90

​TP1: 92.25
​TP2: 94.00
​TP3: 96.00

​Market Context & Reasoning
​Price action on the 1-hour chart of highlights a definitive liquidity sweep followed by an aggressive structural recovery sequence. After experiencing a steep distribution drop off the macro session peak of 92.25, the asset plunged to capture lower-bound sell stops, establishing a clean localized floor at 89.50.

​Following that sharp raid on liquidity, the downward velocity dried up immediately. Active buy-side absorption has stepped in across the last several sessions, constructing a steady V-shaped minor frame bounce. The asset has printed clear consecutive green recovery candles to push through internal structural resistance, currently trading firmly near its session highs at 90.97 (up 0.82%). Bears attempting to forcefully press short positions here run a high risk of getting caught in an accelerating short-squeeze as the near-term momentum flips decisively bullish. If the bulls can maintain this upward trajectory, anchor above the intermediate 90.40 support band, and drive enough volume to break past the overhead 92.25 pivot, it will clear the path for a broader expansion leg toward deeper macro liquidity targets higher up the tape.

​Trade $ZM here 👇

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ZM-0.78%
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