$QQQ – Liquidation Map (7 Days) – Index ~686.7
🔎 The 7-day liquidation map shows around 31 million in short liquidations above the current price, slightly exceeding the roughly 28–29 million in long liquidations below. Liquidity near the current price is relatively thin on both sides, but the upside clusters are closer, giving the short-sweep scenario a modest near-term edge.
📈 On the upside, short-liquidation density starts building from 699.7–704.5, then becomes much stronger across 709.3–714.1 and 718.9–723.7. The next notable cluster sits around 728.5–738.1. If price breaks and holds above 704.5, the path toward 714.1 and then 723.7 becomes more favorable.
📉 Below the market, the nearest long-liquidation zone is concentrated around 660.5–650.9. Larger downside clusters are located at 646.1–636.5 and 631.7–622.1, with 636.5–646.1 standing out as the key area. If price loses 660.5, downside risk toward 650.9 and then 646.1 would increase.
🧭 The higher-probability scenario is an initial move toward 699.7–704.5 because the upside liquidity cluster is closer. A breakout there could trigger a broader short-liquidation sweep toward 709.3–714.1, while rejection followed by a break below 660.5 would raise the risk of a deeper pullback toward 650.9–646.1. Traders may wait for confirmation around these levels while maintaining an appropriate stop-loss.
#LiquidationMap