$LINK CHAINLINK SMASHES BEARS:
$72.4K Shorts Liquidated at $17.40!
The #LINK Army is flexing its power!
A significant $72.4K worth of short positions has been obliterated at the $17.40 level, as bulls regain dominance in spectacular fashion.
The battle at this key price point has turned into a decisive victory, sending shockwaves through the market!
Key Breakdown:
Liquidation Size: $72,400 in short positions crushed.
Crucial Level: $17.40 – the zone where bulls overwhelmed bearish resistance.
Market Sentiment: Confidence is growing as $LINK gears up for the next leg of its rally.
What’s Next for LINK?
With shorts forced to retreat, bullish momentum is gaining steam.
If $LINK can maintain this pressure, it could break through critical resistance and head for higher levels.
Key Levels to Watch:
Resistance: $18.00 – A breakout here could trigger a surge toward $19.
Support: $16.80 – Bulls need to hold this level to keep the rally alive.
The Bigger Picture:
This liquidation highlights the growing demand for Chainlink as it continues to play a crucial role in decentralized infrastructure.
With momentum building, the sky’s the limit for LINK enthusiasts.
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