🚀 Crypto News 🌐 #BONK
BONK Price Could Continue Falling 💨
High liquidity is around USD 0.000026 and USD 0.000027, indicating that BONK price could continue to decline.
Bonk's liquidation heat map points to a possible decline to high liquidity areas.
The heat map doesn't just show settlement levels. It also shows areas where prices can move. In most cases, if liquidity is concentrated at one point, then the price can be attracted towards that point.
The heat map shows that the liquidation levels have changed from purple to yellow around $0.000027. Another is around $0.000026, implying that these points are areas of high liquidity, and the price may converge towards the regions. $BONK