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BTC Liquidation Levels Analysis | Key Support & Resistance Zones
In this chart, we see $46 million worth of shorts potentially being liquidated within the yellow box zone, signalling significant market movement.
The red zones represent key support and resistance levels, where BTC could bounce or face rejection.
The blue circle indicates a potential price reversal, suggesting the possibility of a change in trend direction.
The purple zone highlights where market makers are likely to push the price up to trap more shorts and drive liquidation.
Keep an eye on these key levels asBTCUSD approaches these zones for potential volatility and market shifts!"
The red zones represent key support and resistance levels, where BTC could bounce or face rejection.
The blue circle indicates a potential price reversal, suggesting the possibility of a change in trend direction.
The purple zone highlights where market makers are likely to push the price up to trap more shorts and drive liquidation.
Keep an eye on these key levels as
BTCUSD approaches these zones for potential volatility and market shifts!"
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