$LINK Liquidation Surge: Short Squeeze Unfolding!
Liquidated Short: $93.1K at $24.31
Market Breakdown:
Massive Short Squeeze: A $93.1K short position liquidated, sparking a sharp upward move in $LINK .
Current Sentiment: Bulls are seizing the moment, with the price climbing as shorts scramble to cover their positions.
Hints for Next Moves:
1. Resistance Zone: Key resistance around $26.00—this level could trigger profit-taking and slow the rally.
2. Support Level: Watch for support near $24.50, where buyers may step in to sustain the momentum.
3. Breakout Potential: A clean break above $26.00 could signal more upside, possibly pushing toward $27.00.
Quick Strategy:
Bulls: Look for confirmation above $26.00 before entering long positions for further gains.
Bears: Be cautious—rejections at $26.00 could provide short opportunities, but volatility is high.
#LINK is heating up—fast moves ahead, stay alert!
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