馃挜 $LINK Liquidation Alert! 馃挜
A major short liquidation worth $10.98K just occurred at $20.334! This signals a surge in buying pressure and could pave the way for a bullish breakout. Let鈥檚 break it all down:
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What鈥檚 Happening with $LINK?
The short liquidation indicates that sellers are losing control, and the bulls might take over. This could create an opportunity for an upward rally.
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Trading Plan for $LINK
Buy Zone (Entry): $19.80 - $20.30
This range could provide a solid entry point if $LINK shows continued strength. Watch for signs of consolidation or a bullish breakout before entering.
Target Levels:
Target 1: $21.50
Target 2: $22.80
If buying momentum continues, $LINK could easily hit these levels in the short term.
Stop Loss: $19.50
Protect your downside by setting a stop loss below the buy zone to minimize risk in case of unexpected price drops.
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What鈥檚 Next for $LINK?
Bullish Scenario: If LINK holds above $20.30 and continues its upward momentum, it could rally toward $22.80 or higher.
Bearish Scenario: If $19.50 is breached, expect a pullback toward $18.80 or lower.
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Tips for LINK Traders:
1. Volume Check: Enter only if there鈥檚 strong buying volume backing the price action.
2. Risk Management: Never risk more than 2-3% of your capital on any trade.
3. Stay Alert: Crypto markets are volatile鈥攎onitor price action closely and adapt your strategy if needed.
LINK is heating up! Plan your trades wisely, and let the market work in your favor. The opportunity is yours to seize!
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