🚨 $LINK Short Liquidation Alert!
A massive $78.9K short position was liquidated at $22.51, highlighting a strong bullish surge in Chainlink! This could be the start of a big move upward. Let’s break it down and plan your next steps.
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Buy Zone:
$21.80 - $22.50
Look for opportunities here if LINK dips or consolidates, as this is a critical support zone.
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Targets:
Short-Term Target: $23.50
Mid-Term Target: $25.00
Long-Term Target: $27.00
If LINK sustains momentum, these levels could act as key profit zones.
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Stop Loss:
$21.50
Use this level to limit losses if the market reverses unexpectedly.
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Market Sentiment:
Bullish Case: A break above $23.00 with strong volume could pave the way to $25.00 and beyond.
Bearish Case: If LINK falls below $21.50, it might test $20.80 as the next support.
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Pro Trading Tips for LINK:
1. Watch Volume: A spike in buying volume confirms bullish strength.
2. Stick to Your Plan: Enter within the buy zone, and follow targets and stop-loss levels strictly.
3. Be Ready for Volatility: $LINK often sees sharp price movements—stay alert.
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🚀 Chainlink is charging ahead! Are you ready to seize the opportunity? Trade smart and stay disciplined!
Disclaimer: This is not financial advice. Always conduct your research before trading.
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