$BTC $BTC Liquidation Heatmap Analysis

The BTC market is showing significant heat, with high liquidation levels marked in yellow.

This suggests a sharp price movement could happen soon. Watch out for the pressure zones around $27,500 (support) and $29,500 (resistance).

These are crucial levels for deciding your next move.

Current View: is testing the lower support at $27,500. If it holds here, we might see a reversal upwards towards $29,500.

However, if the support breaks, BTC could head lower, and we could see further liquidations.

Next Move Suggestion:

• Buy Opportunity: If BTC holds the $27,500 level, consider entering a buy position with an entry around $28,000. Set your target near $29,500.

• Sell Opportunity: If BTC drops below $27,500, a sell setup may trigger with a target near $26,000.

Always use proper risk management!

Stay vigilant and adjust according to the market's reaction at key levels.

BTCUSDT

Perp

104514

+0.31%

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At least read what ChatGPT writes to you before you publish 🤣

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fr. 🤣😂

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Are we in a time machine passing through 2022?

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