Market Jolt: $BNB Longs Crushed at $1,078.95
The market just witnessed a sharp shakeout as $46.26K worth of longs were liquidated at $1,078.95, sending a clear message — volatility is back, and leverage traders are feeling the heat.
This flush was no accident; it’s a liquidity grab that might reset momentum before the next major leg. Smart traders are watching this zone closely for what could become the next turning point in BNB’s trend.
Market Insights
BNB has been one of the most resilient large-cap coins, but after this liquidation wave, short-term sentiment turned cautious. The dip has cleared over-leveraged positions — a necessary reset before a potential rebound.
If price stabilizes above key support, bulls could quickly reclaim dominance and push for new highs.
Key Levels
Support Zone: $1,060 – $1,070 (buyers likely to defend this area)
Immediate Resistance: $1,090
Major Breakout Resistance: $1,115
Next Targets
If $BNB holds support and regains momentum:
TG1: $1,090 (first recovery level)
TG2: $1,115 (breakout confirmation)
TG3: $1,150+ (bullish expansion zone)
Pro Tip for Traders
Liquidations clear weak positions and often set the stage for trend reversals. Watch for strong volume or a bullish candle reclaiming $1,090 — that could be the signal of smart money re-entering.
$BNB just reminded the market: real strength is tested in volatility.
#FOMCMeeting #MarketPullback #AltcoinETFsLaunch #CryptoIn401k #ETHBreaks3700