$LINK Traders Rocked by Major Long Liquidation!
A staggering $2,293.6K long position has just been liquidated at the critical price of $21.048.
This sharp market move highlights increasing volatility, shaking leveraged positions and creating ripple effects across the market.
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Key Details:
Token: $LINK (Chainlink)
Liquidation Amount: $2.29M
Trigger Price: $21.048
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Next Move Suggestions:
1. Watch $21 Support Zone: This liquidation might signal a breakdown.
Monitor $21 as a potential support or risk further downside momentum.
2. Prepare for Volatility: Expect heightened volatility in the coming hours.
Set price alerts to stay ahead.
3. Look for Short-Term Opportunities: A recovery bounce is possible, especially if oversold conditions arise.
4. Risk Management is Key: Use stop-loss orders and avoid over-leveraging in such unpredictable conditions.
Stay sharp—this could be the start of a bigger move in $LINK price!