$BNB Short Liquidation Alert!

$9.1972K in Shorts Liquidated at $659.77

The Binance Coin (BNB) market is surging after a significant short squeeze, paving the way for potential bullish continuation. Here’s everything you need to know:

Key Market Data:

Current Price: ~$660 (approx.)

Liquidation Level: $659.77

Market Sentiment: Bullish, with growing demand above critical levels.

Entry Point:

Optimal Long Entry: $658-$662, capitalizing on the breakout momentum.

Target Levels:

1. Short-Term Target: $670

2. Mid-Term Target: $685

3. Stretch Target: $700

Stop Loss:

Place a stop-loss below $650 to manage downside risks.

Trading Strategies:

1. Scalpers: Enter near $660 and target exits at $665-$670 with tight risk management.

2. Swing Traders: Build positions in the $658-$662 range, aiming for $685-$700 over the medium term.

3. HODLers: Accumulate cautiously, as BNB’s fundamentals support potential long-term upside.

Key Levels to Watch:

Resistance: $670 (short-term) and $685 (mid-term).

Support: $658 (critical to maintain bullish momentum).

Risk Reminder:

Crypto markets are volatile and unpredictable.

Always DYOR (Do Your Own Research) and manage your risk effectively.

BNB is rallying! Will bulls maintain control and push past $670, or will resistance take over? Stay sharp!

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