$BNB ALERT: Longs Got Liquidated!

$1,161.8K flushed out at $656.4

The bulls just got wrecked — and the market showed no mercy.

The long liquidation cascade has shaken weak hands as BNB dipped sharply to $656.4, triggering a whopping $1.16M in long positions to be liquidated instantly. This is a strong signal that leverage traders were overexposed near local highs.

What This Means:

High Leverage Wipeout: Traders were betting hard on BNB breaking higher. The dip caught them off-guard.

Possible Retest Incoming: With that liquidity taken out, $BNB might gear up for a bounce — but only if support holds.

Market Sentiment Shift: Liquidation spikes often mark local tops or bottoms. Smart money could now be hunting entries.

Key Zones to Watch:

Support: $648–$656 (demand zone & bounce potential)

Next Resistance: $675–$690 (if bulls regroup)

Warning: If $648 breaks down, next support sits around $630.

Pro Tip:

Don’t chase green candles. Instead, track liquidation events like this to predict reversals. The whales just harvested over-leveraged bulls — now they may flip the script.