Based on the latest liquidity data,
the upside (92Kโ100K) has a huge cluster of short liquidity.
If price moves up slightly, it could trigger a short squeeze and push the market up fast๐
Meanwhile, the downside (85Kโ89K)
has very little long liquidity,
so the market has no strong reason to dump hard right now๐ซก
โ ๏ธ What traders should watch out for:
๐ซAvoid shorting in the middle of the chart
โDonโt place stop-losses too close above the current price
๐ซMarket may dip slightly before squeezing upwards
๐ The market is hunting liquidity more than following indicators
the upside (92Kโ100K) has a huge cluster of short liquidity.
If price moves up slightly, it could trigger a short squeeze and push the market up fast๐
Meanwhile, the downside (85Kโ89K)
has very little long liquidity,
so the market has no strong reason to dump hard right now๐ซก
โ ๏ธ What traders should watch out for:
๐ซAvoid shorting in the middle of the chart
โDonโt place stop-losses too close above the current price
๐ซMarket may dip slightly before squeezing upwards
๐ The market is hunting liquidity more than following indicators