🔥 $LINK Liquidation Alert: $65.30K Long Liquidation at $22.845 🔥

A whopping $65.30K long liquidation just struck $LINK at $22.845, igniting a wave of volatility! With the market under pressure, this could set up a golden opportunity for traders. Let’s break it down and prepare for the next move.

Market Insight

The liquidation signals that bulls were caught off-guard, giving sellers the upper hand—for now. However, sharp corrections like this often lead to strong rebounds if buyers step in at key support levels.

Trading Plan for $LINK

Buy Zone: $21.80 – $22.50

(Wait for signs of a bounce or stabilization before entering this range.)

Targets:

🎯 Target 1: $23.80

🎯 Target 2: $25.00

🎯 Target 3: $26.50 (if momentum builds strongly!)

Stop Loss: $21.50 (Exit if sellers push below this level to minimize losses.)

Key Signals to Watch

1. Volume Spike: High trading volume near $22.00 could indicate strong buyer interest.

2. Reversal Patterns: Watch for bullish indicators like hammer candles or a double bottom in the buy zone.

3. Breakout Level: A move above $23.20 could confirm the start of a strong recovery rally.

⚠️ Pro Tip: Don’t jump in blindly—patience and risk management are key. Let the market confirm your setup before executing your trade.

LINK is at a turning point—will the bulls stage a comeback, or will the bears keep control? Stay focused and trade with discipline! 🚀

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