🚨 #PROMPT
The Short Squeeze Setup 🚨
Retail is exhausted, but if you understand how to read a liquidation map, the next move is glaringly obvious.
Take a look at the Coinglass heatmap for #PROMPT.
The downside longs already got completely flushed in the last drop down to the $0.0213 zone. The order book below us is relatively clean.
But look above the current price.
We have massive, bright yellow clusters of over-leveraged short positions stacking up. The market makers aren't going to leave that liquidity untouched. When the downside is clear and the upside is loaded with stops, the algorithmic play is to hunt the shorts and trigger the squeeze.
📊 The Trade Plan (Liquidity Sweep Long):
Entry Zone: $0.0220 – $0.0223 (Current consolidation)
Stop Loss: $0.0210 (Strict invalidation below the recent flush)
Target 1 (First Magnet): $0.0226 (Hitting the first major yellow band)
Target 2 (Major Cluster): $0.0234 (Taking out the heavy overhead resistance)
Runner: $0.0245 (Full short liquidation cascade)
Stop trading blind price action. Start trading the liquidity zones. If funding stays suppressed, this setup is primed to squeeze the late bears.
The Short Squeeze Setup 🚨
Retail is exhausted, but if you understand how to read a liquidation map, the next move is glaringly obvious.
Take a look at the Coinglass heatmap for #PROMPT.
The downside longs already got completely flushed in the last drop down to the $0.0213 zone. The order book below us is relatively clean.
But look above the current price.
We have massive, bright yellow clusters of over-leveraged short positions stacking up. The market makers aren't going to leave that liquidity untouched. When the downside is clear and the upside is loaded with stops, the algorithmic play is to hunt the shorts and trigger the squeeze.
📊 The Trade Plan (Liquidity Sweep Long):
Entry Zone: $0.0220 – $0.0223 (Current consolidation)
Stop Loss: $0.0210 (Strict invalidation below the recent flush)
Target 1 (First Magnet): $0.0226 (Hitting the first major yellow band)
Target 2 (Major Cluster): $0.0234 (Taking out the heavy overhead resistance)
Runner: $0.0245 (Full short liquidation cascade)
Stop trading blind price action. Start trading the liquidity zones. If funding stays suppressed, this setup is primed to squeeze the late bears.
