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Liquidation Levels Snapshot
Caught the liquidation zones at 8:44am Jan 2nd. These price levels matter if you're trading around volatile swings - that's where overleveraged positions start getting wiped out.
When price touches these levels, watch the volume spike. Liquidations can trigger cascading moves, either accelerating the pump or deepening the dump depending on which side got caught.
Keep an eye on support and resistance near these zones. They often become battlegrounds between bulls and bears.
That morning's move was indeed a bit flirtatious; the real showtime is when trading volume surges.
The real battlefield is near support and resistance levels; don't be fooled by the K-line.