$BNB — BEARISH BIAS 🔴
BNB recorded $134K in long liquidations around $693.87, suggesting leveraged buyers faced significant pressure. This liquidation activity puts nearby demand under observation, with a potential recovery depending on whether buyers can reclaim resistance.
Support: $685 – $690
Resistance: $700 – $710
Next Target: $675
Bias: Bearish below $700.
If sellers continue defending resistance, downside liquidity remains vulnerable. A clean reclaim of $710 could shift momentum toward buyers. Let's go $BNB 🚀
BNB recorded $134K in long liquidations around $693.87, suggesting leveraged buyers faced significant pressure. This liquidation activity puts nearby demand under observation, with a potential recovery depending on whether buyers can reclaim resistance.
Support: $685 – $690
Resistance: $700 – $710
Next Target: $675
Bias: Bearish below $700.
If sellers continue defending resistance, downside liquidity remains vulnerable. A clean reclaim of $710 could shift momentum toward buyers. Let's go $BNB 🚀