$QQQ – Liquidation Map (7 Days) – Index ~679.9
🔎 The 7-day liquidation map shows approximately 27–28 million in long liquidations below the current price, broadly matching the roughly 27 million in short liquidations above. However, downside liquidity sits much closer to price, creating a modest near-term bearish bias.
📉 The nearest long-liquidation zone is concentrated around 674.6–665.6, with a notable cluster near 670.1. Larger concentrations appear across 661.1–643.1, particularly around 656.6–661.1. A break below 674.6 could expose 670.1, followed by 665.6–661.1.
📈 Above the market, a very thin liquidity area extends toward approximately 713.3. Short liquidations become denser across 717.8–731.3 and strengthen further around 735.8–744.8. A sustained move above 713.3 could allow price to accelerate toward 722.3–731.3.
🧭 The higher-probability scenario is an initial test of 674.6–670.1 because this liquidity is significantly closer. If that zone holds and price recovers, 713.3 becomes the main upside pivot. Conversely, losing 665.6 could open the way toward 661.1–656.6. Traders may wait for confirmation while maintaining an appropriate stop-loss.
#QQQ #LiquidationMap
🔎 The 7-day liquidation map shows approximately 27–28 million in long liquidations below the current price, broadly matching the roughly 27 million in short liquidations above. However, downside liquidity sits much closer to price, creating a modest near-term bearish bias.
📉 The nearest long-liquidation zone is concentrated around 674.6–665.6, with a notable cluster near 670.1. Larger concentrations appear across 661.1–643.1, particularly around 656.6–661.1. A break below 674.6 could expose 670.1, followed by 665.6–661.1.
📈 Above the market, a very thin liquidity area extends toward approximately 713.3. Short liquidations become denser across 717.8–731.3 and strengthen further around 735.8–744.8. A sustained move above 713.3 could allow price to accelerate toward 722.3–731.3.
🧭 The higher-probability scenario is an initial test of 674.6–670.1 because this liquidity is significantly closer. If that zone holds and price recovers, 713.3 becomes the main upside pivot. Conversely, losing 665.6 could open the way toward 661.1–656.6. Traders may wait for confirmation while maintaining an appropriate stop-loss.
#QQQ #LiquidationMap