$LINK Long Liquidation: $37.1K at $21.34

🚨 Market Breakdown:

Liquidation Type: Long

Liquidation Amount: $37,100

Liquidation Price: $21.34

💹 Market Pulse:

The liquidation highlights intense selling pressure as LINK struggles to maintain its upward momentum. Bulls might attempt to reclaim control, but bears are holding strong near resistance zones.

🔥 Trading Strategy:

Entry Point (Buy): Look for a rebound near $21.50 if price stabilizes.

Target 1: Immediate resistance is at $22.50, offering a short-term 5% gain.

Target 2: If momentum continues, aim for $23.50, the next critical level.

Stop Loss: Set a stop at $20.80 to limit risk in case of further declines.

💥 Key Insight:

If LINK breaks below $21.00, expect it to test the support zone around $20.50. Conversely, a sustained push above $22.00 could signal a recovery rally.

🔔 Stay Sharp:

Volatility is high, and quick adjustments to your trading plan will be crucial. Watch for volume spikes and major trend reversal!

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