$LINK Short Liquidation Alert!

A $6.2469K short position was liquidated at $28.19, indicating strong buying pressure as sellers were forced to close positions.

What’s Happening?

Short Liquidation: Bears got squeezed, driving the price higher.

Bullish Signal: Momentum is shifting in favor of buyers, pushing LINK upwards.

Key Levels to Watch

Resistance: $29 – A breakout above this could lead to further gains.

Support: $27.50 – Buyers need to defend this level to maintain momentum.

What’s Next?

For Long-Term Holders: Look for a break above $29 to confirm continued bullish strength.

For Traders:

Watch for a breakout above $29 for potential long positions.

Use stop-losses below $27.50 to manage risks.

Market Context

If more short liquidations occur, the price could see significant upward movement. Keep an eye on volume and sentiment for further confirmation.

LINK is gaining momentum—$29 is the key level for the next push up!

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