🚨 $BNB Short Liquidation Alert! 🚨
A $7,498 short liquidation just hit at $749.8! Binance Coin ($BNB ) is heating up, and this could spark a strong price move. Bulls are gaining the upper hand, and the next few hours could define BNB’s direction. Are you ready? Let’s plan a smart trade!
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Market Situation
Short Liquidation: Sellers have been forced out, which often leads to upward momentum as buying pressure builds.
Trend: $BNB is showing bullish signs, but it’s crucial to confirm key levels before jumping in.
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Trading Plan: Buy Zone, Targets, and Stop Loss
Buy Zone
Entry Range: $745 - $750
Why? This is a solid entry zone, just above the liquidation point, where buyers may continue to step in.
Target Levels
1. First Target (T1): $760 – A key resistance zone for short-term profits.
2. Second Target (T2): $775 – The next breakout level if momentum continues.
3. Third Target (T3 - Optional): $800 – A psychological resistance level that could be tested if bullish momentum accelerates.
Stop Loss
Set at: $740
Why? Below this level, the trend could turn bearish, and bears might push the price lower toward $730. A stop loss here protects your capital.
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What’s Next for BNB?
If BNB Breaks $755: Expect a swift rally toward $760 or higher as bulls take control.
If It Falls Below $740: Bears could regain momentum, potentially dragging it to $730, making risk management essential.
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📊 Pro Tip: Keep an eye on the trading volume near $745. High volume here could confirm strong buyer interest.
⚠️ Reminder: Always trade with a clear plan and stick to your risk limits. BNB is volatile, so stay sharp!
💡 Want deeper analysis or updates on BNB? Let me know—let’s trade smarter together!
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