BNB short liquidation: $9.1972K at $659.77
The market has just witnessed a dramatic move, with a $9.1972K short position on $BNB being liquidated at $659.77.
Entry Point: The short was initiated at $659.77, capitalizing on the anticipated pullback from a key resistance level.
Target: The $BNB price was projected to dip towards $645.00, with strong bearish signals pointing to a continuation of the downtrend.
Stop Loss: A protective stop loss was strategically placed at $675.00 to limit potential losses in case $BNB surged higher against the short position.
$BNB’s volatility is on full display. Analyze the market closely and position accordingly for any further moves.
BNB
628.88
+1.38%