BOOM! $BNB Explodes – Shorts LIQUIDATED at $676.45!
$14.193K in short positions wiped out like a storm hitting weak hands. Bulls are in FULL CONTROL now, and the price just gave us a powerful breakout signal.
Let’s decode this bullish beast:
Technical Analysis for $BNB – Fresh Setup (May 24, 2025)
Current Price: ~$676
Liquidation Triggered: $676.45
Shorts Crushed: $14.193K
Buy Zone: $660 – $675
Price retesting breakout range.
Bullish momentum fueled by short squeezes.
Ideal zone for risk-managed entries.
Target Zones:
Target 1: $695
Target 2: $720
Target 3: $760 (psychological level + Fibonacci extension)
Stop Loss: Below $648
This is under the last major swing low.
Keeps risk tight in case of fakeout.
Why This Matters?
Volume Surge confirms bullish drive.
Short Liquidation Spike = momentum shift.
Price now above key resistance turned support – a classic bullish breakout.
Whale activity spotted – big money is moving!
Traders, get ready for the next $BNB wave!
Don’t chase. Let it cool near the buy zone, then ride it to the moon.
Remember: Manage risk. Market loves to test your patience before rewarding conviction.