$BNB B Short Liquidation Alert
Liquidation Amount: $87,728
Price Level: $600.421
$BNB A large wave of short positions in Binance Coin (BNB) were just liquidated at the $600.42 level, totaling $87.7K in value.
This sharp liquidation suggests aggressive upward momentum, forcing bearish traders to close their positions.
Market Insight:
Short liquidations often act as fuel for bullish price action, especially when key psychological levels like $600 are breached.
$BNB This event may lead to continued upward pressure or a possible breakout if buying volume remains strong.
What to Watch:
Resistance around $610–$620
RSI and volume indicators for signs of trend continuation
News or ecosystem updates from Binance