đš BNB SHORT LIQUIDATED â $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.
đ Liquidation Zone: $791.70
đ° Position Size: ~$53K
⥠Event: Short squeeze / forced buyback
đ 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 $780â$800 area.
đŻ My Trading View
Bullish continuation is possible if BNB establishes acceptance above $800.
âĄïž Break & hold above $800: momentum could extend toward $815+
âĄïž Failure near $800: expect a pullback/retest toward $780â$770
âĄïž Loss of $760: bullish momentum would need to be reassessed
â ïž Signal note: The $800 area is the key decision zone. Don't chase the first breakoutâwait for confirmation and volume.
BNB is heating up. The next liquidity sweep could set the direction. đđ„
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BNB just wiped out a $53,000 short position around $791.70, showing that sellers were caught on the wrong side of the move.
đ Liquidation Zone: $791.70
đ° Position Size: ~$53K
⥠Event: Short squeeze / forced buyback
đ 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 $780â$800 area.
đŻ My Trading View
Bullish continuation is possible if BNB establishes acceptance above $800.
âĄïž Break & hold above $800: momentum could extend toward $815+
âĄïž Failure near $800: expect a pullback/retest toward $780â$770
âĄïž Loss of $760: bullish momentum would need to be reassessed
â ïž Signal note: The $800 area is the key decision zone. Don't chase the first breakoutâwait for confirmation and volume.
BNB is heating up. The next liquidity sweep could set the direction. đđ„
#GreekPoliceBustCryptoScamRingArrest17 #FedOctoberRateHikeOddsFallTo17% #CanaryFilesAmendedS1ForPEPEETF #NvidiaHitsRecordHighUp2.4% #USRussiaUkraineTalksReportedlyIncludeLukoilOilDeal