A massive $1.1046K $LINK long position has just been liquidated at $21.502!
This sudden move has sent shockwaves through the market, causing a wave of volatility and uncertainty.
The market is shifting rapidly, and traders are holding their breath.
With this liquidation, $LINK next move is anyone’s guess — will it recover, or is this just the beginning of a deeper correction?
Important Details:
Liquidation Size: $1.1046K
Liquidation Price: $21.502
Affected Position: LINK Long
Market Impact: Increased volatility, potential for short-term downturn or continued liquidation pressure.
Next Move: After this liquidation, expect some potential price swings.
The market might test lower support levels, so watch for a potential dip towards $21.
If $LINK holds above this level, a recovery could be in the cards.
However, if the downward pressure continues, further liquidations could push the price even lower.
Stay vigilant, monitor key support areas, and prepare to enter if momentum shifts towards stability or bullish movement.
Keep risk management at the forefront.