$BNX Short Liquidation: $5.0605K at $668.493

🚨 Market Alert:

Liquidation Type: Short

Liquidation Value: $5,060.50

Liquidation Price: $668.493

💹 Market Insight:

BNC surged sharply, liquidating shorts as bulls seized control.

With momentum on their side, traders should prepare for potential upside targets while watching critical levels.

🔥 Trading Strategy:

Entry Point: Enter near $670.00 to align with the bullish trend.

Target 1: Set your sights on $690.00, the next resistance (~3% potential gain).

Target 2: If buying pressure continues, aim for $720.00, a major resistance zone.

Stop Loss: Place a stop at $650.00 to protect against downside risks.

💥 Key Levels to Monitor:

Support Zone: $660.00 is strong support; a dip here could attract buyers.

Breakout Potential: A sustained move above $690.00 could trigger a rally toward $750.00, supported by fresh buying interest.

🔔 Pro Tip:

Watch for high trading volume near $670.00 to confirm momentum.

Adjust your targets and stop-loss levels based on price action near resistance zones.

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