🐂 NEWS for $WIF $BONK and $PEPE

With BTC and ETH showing signs of strength, the news for meme coins alike is good.

This post shows Liquidation Heatmaps (LHs) and should be paired with other indicators to make sense. It's a piece of evidence that should be aligned with other pieces of evidence before taking a position. LHs show Market Permissiveness at a given moment.

WIF, shown in the first image, is not currently looking so good for a rally, given the extensive liquidation gap between $3.3 and $2.7. It will surely move towards the upside if BTC decides to rally further, but when compared to other memecoins, it surely is showing less permissiveness for a rally than for a dump.

Thus, I'd be inclined to short #Wif , even.

As for BONK, the picture is a lot different. As seen in the second image, there is much more room for rallies than in WIF, and while retracement to $0.000021 is possible, unlike WIF, a rally will be much more supported.

Finally, for PEPE, one of the most supported if not the most supported memecoin ever, the liquidations favor even more the bulls. Just take a look at the third image! There is much more room for rallies than in BONK and WIF, and this fuel should be consumed once the price reaches $0.000013, so beware once that happens.

I'd definitely long PEPE.