DOT Liquidation Map Suggests Higher Near-Term Probability for Short-Squeeze
The liquidation map for DOT on KuCoin over the past seven days shows an index of approximately ~0.823.
A closer look reveals that there are about 9 million dollars in short liquidations above the current price, which is higher than the nearly 7 million dollars in long liquidations below.
The data indicates a higher near-term probability for a short-squeeze scenario due to concentrated liquidity on the upside.
The most prominent short-liquidation cluster is around the 0.830-0.836 zone, particularly near 0.831-0.833. A sustained move above this zone could potentially extend toward 0.842-0.848 and then 0.854-0.860, followed by 0.866-0.878.