🔥 $BNB

BNB
BNB
594.51
-2.77%

Short Liquidation Alert – Market Just Spoke 🔥

A BNB short liquidation of $10.247K at $631.00 just hit the market. This tells us one clear thing: short sellers were forced to close, which usually brings instant buying pressure. When shorts get liquidated, price often tries to move up, at least for a short-term bounce.

Now let’s break what comes next in a simple and clean way 👇

📌 Market Meaning (Easy Words)

Shorts got trapped near $631

Forced buying pushed price up

This often creates a relief bounce

Smart money watches for a pullback to enter

✅ Buy Zone (Safe Area)

Look for buying only on pullbacks, not FOMO.

Buy Zone:

$624 – $628

This area is strong because it is close to liquidation and previous support.

🎯 Targets (Take Profit Levels)

Go step by step. Don’t be greedy.

Target 1: $640

Target 2: $652

Target 3: $668

If price breaks and holds above $652, momentum can increase fast 🚀

🛑 Stop Loss (Very Important)

Protect your capital at all costs.

Stop Loss: $618

If price goes below this level, the setup is invalid. Exit without emotion.

🧠 Trading Plan Summary

Shorts are already punished

Market likely wants higher liquidity

Buy only on dip, not at top

Follow stop loss strictly

⚠️ Final Thought

This is a short-term momentum setup, not blind holding.

Let price come to you. Patience = Profit.

#Binance