$BNB Shorts Forced Out at $627.07

The bears misread this one. BNB (BNC) pushed up to $627.07 and cleared out $1.0096K in short positions, forcing sellers to cover into strength. That wave of buy-backs added extra lift to the move and flipped short-term sentiment in a hurry.

Liquidations at key levels often signal that resistance just gave way. Even though the size isn’t massive, it shows leverage was leaning bearish — and the market punished it fast.

Now it’s about structure. If price holds above this breakout zone with steady volume, momentum can extend. If it slips back below, expect quick chop as traders reset after the squeeze

.$BNB

BNB
BNB
615.8
-2.60%

#MarketRebound #USNFPBlowout #USTechFundFlows #WhaleDeRiskETH #USJobsData .