🟢 $BNB SHORTS ARE GETTING SQUEEZED — $616.88 IS THE KEY ZONE
A $2.6217K short liquidation hit $BNB at $616.88, showing that sellers were caught as price pushed higher. This type of liquidation can add fuel to an upside move because forced short closures create additional buying pressure.
The real question now is whether $BNB can hold above the liquidation area and build enough momentum for another breakout. If buyers defend $616–$618, the structure could remain bullish and open the door toward higher resistance.
📍 SUPPORT ZONE: $612–$616
🧱 RESISTANCE: $625–$630
🎯 NEXT TARGET: $635 → $645
🚀 BREAKOUT TARGET: $655
If $BNB fails to hold $612, the squeeze could lose momentum and price may return to lower liquidity zones.
💡 PRO TIP: After a short liquidation, don’t blindly chase the candle. Watch whether price holds above the liquidation level with increasing volume. A clean retest followed by buying pressure is a stronger confirmation.
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