$BE recorded an $11.326K short liquidation at $228.8573, suggesting that bearish leveraged positions were forced out around this level. Short liquidations can fuel additional upside if buyers maintain control.
Support: $225.00 – $220.00
Resistance: $232.00 – $238.00
Next Target: $245.00 – $250.00
A sustained move above $232.00 could strengthen bullish momentum and potentially trigger another short squeeze. Failure to hold $225.00 would weaken the immediate bullish structure. Watch volume and price reaction closely.
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