๐จ BNB SHORT LIQUIDATED โ $53K
BNB just wiped out a $53,000 short position around $791.70, showing that sellers were caught on the wrong side of the move.
๐ Liquidation Zone: $791.70
๐ฐ Position Size: ~$53K
โก Event: Short squeeze / forced buyback
๐ Market Read
The liquidation is notable because forced short closures can add immediate buying pressure. BNB is currently trading around the upper-$700s, while recent price action has repeatedly interacted with the $780โ$800 area.
๐ฏ My Trading View
Bullish continuation is possible if BNB establishes acceptance above $800.
โก๏ธ Break & hold above $800: momentum could extend toward $815+
โก๏ธ Failure near $800: expect a pullback/retest toward $780โ$770
โก๏ธ Loss of $760: bullish momentum would need to be reassessed
โ ๏ธ Signal note: The $800 area is the key decision zone. Don't chase the first breakoutโwait for confirmation and volume.
BNB is heating up. The next liquidity sweep could set the direction. ๐๐ฅ
#GreekPoliceBustCryptoScamRingArrest17 #FedOctoberRateHikeOddsFallTo17% #CanaryFilesAmendedS1ForPEPEETF #NvidiaHitsRecordHighUp2.4% #USRussiaUkraineTalksReportedlyIncludeLukoilOilDeal
BNB just wiped out a $53,000 short position around $791.70, showing that sellers were caught on the wrong side of the move.
๐ Liquidation Zone: $791.70
๐ฐ Position Size: ~$53K
โก Event: Short squeeze / forced buyback
๐ Market Read
The liquidation is notable because forced short closures can add immediate buying pressure. BNB is currently trading around the upper-$700s, while recent price action has repeatedly interacted with the $780โ$800 area.
๐ฏ My Trading View
Bullish continuation is possible if BNB establishes acceptance above $800.
โก๏ธ Break & hold above $800: momentum could extend toward $815+
โก๏ธ Failure near $800: expect a pullback/retest toward $780โ$770
โก๏ธ Loss of $760: bullish momentum would need to be reassessed
โ ๏ธ Signal note: The $800 area is the key decision zone. Don't chase the first breakoutโwait for confirmation and volume.
BNB is heating up. The next liquidity sweep could set the direction. ๐๐ฅ
#GreekPoliceBustCryptoScamRingArrest17 #FedOctoberRateHikeOddsFallTo17% #CanaryFilesAmendedS1ForPEPEETF #NvidiaHitsRecordHighUp2.4% #USRussiaUkraineTalksReportedlyIncludeLukoilOilDeal