$BNB Short Liquidation Alert!
A $9.22K short position was liquidated at $709.925, showing strong buying pressure. This event signals that bulls are gaining control and could push prices higher if momentum continues.
Next Move for BNB:
Resistance Levels: Immediate resistance is at $715, with the next target at $730.
Support Levels: If a pullback happens, key support lies at $700 and $690.
Suggested Trading Plan:
Buy Zone: $705–$700 (look for minor dips to enter).
Targets:
Target 1: $715 (short-term).
Target 2: $730 (if momentum remains strong).
Stop Loss: Place a stop-loss at $690 to protect against downside risk.
Pro Tip:
Watch for volume spikes to confirm bullish strength.
Stay cautious around resistance levels and avoid over-leveraging during volatile moves.
Plan your trade, trade your plan, and let the market momentum work for you!
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