$BNB Long Liquidation Alert
Long traders just took a hit — $8.96K in positions liquidated at $1165.78. The market is testing patience as volatility buyers lose momentum near critical support.
Market Insights
Support: $1160 – $1148 zone is key; holding here could spark a short-term rebound.
Resistance: $1180 – $1195 remains the immediate ceiling for recovery attempts.
Next Target: A rebound above $1180 could aim for $1210, but failure to hold $1148 may open the door toward $1120.
Market Mood: The liquidation flush hints at fading bullish strength — but if buyers defend $1160, a sharp reversal rally could surprise the market.
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