$BAND Short Liquidation: $6.0058K at $0.08461!
Overview:
Type: Short Liquidation
Liquidated Amount: $6.0058K
Price Level: $0.08461
What Happened?
BAN saw a sudden price increase, triggering short liquidations at $0.08461.
This forced selling added fuel to the price rise, boosting bullish momentum further.
What’s Next?
1. Key Levels to Monitor:
Resistance: $0.088 – A breakout could open doors for $0.092.
Support: $0.082 – Holding above this level will keep buyers strong.
2. Market Sentiment:
Bullish: Liquidations show rising demand and strength among buyers.
Next Target: Breaking above $0.088 could signal further upward movement.
3. Trading Plan:
For Buyers: Watch for pullbacks near $0.082 to enter with less risk.
For Sellers: Look for bearish signals near resistance to plan shorts cautiously.
Conclusion:
BAN’s price rise and short liquidations highlight strong buyer momentum.
Keep an eye on $0.088 for a breakout and $0.082 for a solid support zone. Stay alert and trade smart!