$CRCL there is liquidity concentrated in 2 clearly defined zones:
Above: 85.6480 (shorts are stacking orders)
Below: 81.8631 (longs are stacking orders)
Funding 0.030%, OI is thick. A dense cluster of short liquidations at 85.6480 — price gets pulled up; a short squeeze occurs if the level breaks.
Smart money either sweeps one cluster then reverses — the best scenario is squeeze up then turn around.
$CRCL $BTC
#Liquidation #Binance #Crypto #Futures
Above: 85.6480 (shorts are stacking orders)
Below: 81.8631 (longs are stacking orders)
Funding 0.030%, OI is thick. A dense cluster of short liquidations at 85.6480 — price gets pulled up; a short squeeze occurs if the level breaks.
Smart money either sweeps one cluster then reverses — the best scenario is squeeze up then turn around.
$CRCL $BTC
#Liquidation #Binance #Crypto #Futures