#SOL current 12Hour SOL/USDT liquidation heatmap on Binance highlights significant liquidation clusters around $175 (and bellow) and $180 (and above) levels. A liquidation heatmap visualizes areas where high leverage positions are likely to be liquidated in the next hours. These zones, marked by color intensity, represent the points where leveraged traders might face forced closures of their positions due to margin calls. In this case, the heatmap indicates substantial activity around $175 and $180, suggesting these are critical levels to watch.

The 1-minute chart of SOL/USDT provides further insights into The current market behavior. It shows SOL has been oscillating within a relatively narrow range, hinting at a possible consolidation phase. The price action demonstrates several attempts to breach these local key levels. With a slight downward trend observed in the short term, SOL may be gearing up for another test of the $175 support level. Conversely, if the bulls gain momentum, we might see a retest of the $180 resistance level.

Traders should stay vigilant as the price action around these zones could lead to significant volatility. A breach of the $175 level might trigger further sell-offs, while a push above $180 could fuel a bullish run. Given the concentration of liquidations, these levels will likely be pivotal in the near-term price movements of SOL/USDT. Monitoring these clusters can provide valuable insights for both short-term trading opportunities and risk management strategies.

Today I've been following these oscillations, successfully locking 10% of my futures account in profit, while trading only with a fraction of the account and keeping the liquidation margin way bellow and above these areas. Stay focused and don't use excessive leverage. Keep an eye on BTC :)