$Q just staged a fierce Short squeeze, surging to 0.216977 before quickly giving back most of its gains, but the heatmap isn’t enough to prove that Shorts have been “wiped out.”
After the reversal, the price briefly retreated to 0.115342, showing that Longs who chased the move also came under heavy pressure—and that leverage could make both sides pay their dues in turn.
The next scenario tilts toward a Long squeeze if the price loses 0.126666, fails to reclaim it on a rebound, and then breaks below the nearby low of 0.112601.
Estimated liquidation bands still extend to the right edge around 0.122–0.125, making this an area to watch nearby on the downside, but they’re quite faint and don’t guarantee the price will return there.
After that sharp spike and sell-off, will Longs hold their ground, or will those who just celebrated “Shorts getting wiped out” be the next ones to get a margin call?
After the reversal, the price briefly retreated to 0.115342, showing that Longs who chased the move also came under heavy pressure—and that leverage could make both sides pay their dues in turn.
The next scenario tilts toward a Long squeeze if the price loses 0.126666, fails to reclaim it on a rebound, and then breaks below the nearby low of 0.112601.
Estimated liquidation bands still extend to the right edge around 0.122–0.125, making this an area to watch nearby on the downside, but they’re quite faint and don’t guarantee the price will return there.
After that sharp spike and sell-off, will Longs hold their ground, or will those who just celebrated “Shorts getting wiped out” be the next ones to get a margin call?