$BNB Long Liquidation Alert
$10.20K in long positions just liquidated at $1172.70, growing pressure on leveraged traders. The market sentiment has shifted sharply as bulls lose their grip near key levels.
Market Insights
Support: $1165 – $1150 zone remains crucial; losing this area could accelerate downside momentum.
Resistance: $1185 – $1200 stands as the immediate ceiling for any recovery attempt.
Next Target: If $1150 breaks, expect a potential slide toward $1125. However, reclaiming $1200 may trigger a relief push back to $1220–$1230.
Market Mood: Liquidity flushes like this often precede strong reversals — stay sharp and watch for volume confirmation before taking positions.
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