¿$PIPPIN is preparing for a strong move? 🔥🚀📈
👀 The liquidation heatmap gives us clear clues:
🟡 Up there is a strong concentration of liquidity
📌 That usually acts as a price magnet 📈
📌 The market could seek those liquidations before deciding the next move.
🔵 Down there are also loaded areas, but the price has already reacted from there
⚠️ Is it just a bounce or the beginning of something bigger?
📈 The price has been recovering after a drop, which opens two scenarios: 1️⃣ Rise to sweep liquidations above
2️⃣ Fake move before returning for lower liquidity
🤔 Bullish continuation 🚀 or market trap 🐻? I think it will rise to liquidate and then start to drop 📉
#Pippin
👀 The liquidation heatmap gives us clear clues:
🟡 Up there is a strong concentration of liquidity
📌 That usually acts as a price magnet 📈
📌 The market could seek those liquidations before deciding the next move.
🔵 Down there are also loaded areas, but the price has already reacted from there
⚠️ Is it just a bounce or the beginning of something bigger?
📈 The price has been recovering after a drop, which opens two scenarios: 1️⃣ Rise to sweep liquidations above
2️⃣ Fake move before returning for lower liquidity
🤔 Bullish continuation 🚀 or market trap 🐻? I think it will rise to liquidate and then start to drop 📉
#Pippin
