🔥 $LINK Long Liquidation Alert! 🔥
A $5.76K liquidation has just been wiped out at $20.991! The market is heating up, and traders are eyeing the next big move. Are you ready to capitalize on the opportunity? Here's your full strategy:
What’s Next for Chainlink ($LINK )?
This liquidation could trigger high volatility, offering both risks and opportunities. Let’s dive into key levels and setups.
Key Levels to Watch:
Buy Zone:
💎 $20.20 - $20.70
This is where LINK could find solid support. Look for signs of a reversal, such as higher volume or strong green candles, before entering.
Target Levels:
🎯 Target 1: $21.50 (Short-term resistance zone)
🎯 Target 2: $22.30 (Momentum breakout level)
🎯 Target 3: $23.00 (If bulls take full control)
Stop Loss:
❌ $20.00
Set your stop loss here to limit potential losses in case of further downside pressure
Why These Levels?
1. $20.20-$20.70: Historically, this area has acted as a strong support zone. A bounce from here could confirm renewed buying interest.
2. $21.50: A key resistance that LINK must clear for further upside momentum.
3. Below $20.00: If LINK breaks below this level, it could trigger a bearish continuation.
Patience is key! Wait for LINK to show strength in the buy zone before jumping in. If it consolidates above $21.00, bulls could reclaim control quickly.
⚡ The market doesn’t wait—make your move wisely! Will you ride the LINK wave or watch from the sidelines?
This is not financial advice. Always do your own research before trading.
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