$BNB Liquidation Alert
A $54,200 short position was liquidated at $761.34, signaling a strong bullish move as sellers were forced out.
This highlights growing confidence among buyers in Binance Coin’s upward trajectory.
Market Analysis:
• Momentum Shift: The liquidation reflects increased buyer pressure, which could fuel further upside if momentum sustains.
Key Levels to Watch:
• Support: $758 – Holding this level could solidify bullish control.
• Resistance: $770 – A breakout above this could pave the way toward $800.
Next Move Suggestion:
• For Bulls: Consider adding positions on dips near $758 with tight stop-losses to ride the trend.
• For Bears: Stay cautious; short opportunities may arise only if $758 fails to hold, signaling potential exhaustion.
Pro Insight:
Monitor trading volume closely; increasing volume during price surges often signals the start of a sustained move.
Always manage risk effectively!
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