$LINK Short Liquidation: $23.258K at $21.42
A significant $23.258K in short positions was liquidated as $LINK surged to $21.42, signaling robust bullish momentum. This price action indicates strong buyer dominance, with short-sellers unable to sustain their positions. The breakout around the $21 level suggests that traders might target the next resistance near $22. Key support now rests at $20.80, offering a cushion for potential pullbacks. Keep an eye on trading volume as the market digests this move, as it may set the tone for $LINK's next trajectory.