Massive Liquidation Alert: $LINK Crashes Hard!
A whopping $1.56M long position got liquidated at $23.23, revealing heavy selling pressure on Chainlink.
Key Details About $LINK :
Current Trend: Bears in control after a major sell-off.
Support Level: $22.50 – Key level where buyers may step in.
Resistance Level: $24.00 – A strong barrier for price recovery.
Next Move Prediction:
If $LINK holds above $22.50, a bounce toward $24.00 is possible.
However, losing $22.50 could trigger a deeper drop.
Buy or Sell Suggestion:
Buy Zone: Wait for $22.50 support to hold and watch for a reversal.
Sell Zone: Sell or short near $24.00 if it struggles to break higher.
Keep a close eye on volume and trend before making a move!