Major Alert: $BNB Short Liquidated for $59.9K at $709.54!
The liquidation of this significant short position signals strong bullish activity in BNB. The market is showing upward momentum, and traders are positioning themselves accordingly.
Key Levels to Watch:
Resistance: $720 – Breaking above this level could push BNB toward $740–$750.
Support: $700 – A solid $BNB support zone where buyers are likely to step in. Below that, $685 becomes the next key level.
....Next Move Suggestions:
1=If price breaks $720: Consider entering a buy position, aiming for $740 or higher.
2=If price struggles at $720: Wait for a pullback to $700–$685 to look for a better entry for long positions.
Caution: Only consider shorting if BNB falls below $685 with high selling pressure, signaling a reversal.
Momentum favors bulls, but always confirm levels before executing trades. Manage your risk carefully!