$BNB Short Liquidation Alert
đ° Liquidation Value: $10,173
đ° Liquidation Price: $712.872
Whatâs Happening?
Short liquidations mean sellers are being forced to close their positions as the price rises. This can push prices even higher, giving buyers a strong opportunity to enter the market.
Trade Details
âĄď¸ Buy Zone: $710 - $715 (look to enter near this range for the best position)
âĄď¸ Target (Take Profit):
First Target: $730 (minor resistance level)
Second Target: $750 (major resistance and psychological level)
âĄď¸ Stop Loss: Below $700 (protect your position if the price drops unexpectedly)
Whatâs Next?
Bullish Momentum: If the price stays above $710, it may continue to climb as more shorts get liquidated.
Volume Watch: Keep an eye on trading volume. High volume means the trend could continue upward.
Potential Reversal: If the price falls below $700, sellers could regain control.
Pro Tip:
đ Watch the $730 level closely. If the price struggles here, consider locking in profits or adjusting your stop-loss to secure gains. Stay disciplined and stick to your plan.
đ Ride the trend, trade smart, and let $BNBâs momentum work for you!
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