$LINK : Short Liquidation Ignites Bullish Momentum! 🚀

📊 $6.2679K in shorts liquidated at $23.319, showing that bears are losing grip. This surge could push Chainlink ($LINK ) into a strong upward trend with exciting targets ahead.

Key Levels to Watch

Support Zone: $22.50 - $23.30 (solid base).

Breakout Level: $24.50 (key resistance).

Major Targets After Breakout:

1. $26.00 (short-term target).

2. $28.50 (medium-term target).

3. $32.00 (long-term potential).

Trading Plan for $LINK

Buy Zone

Ideal Entry: $23.30 - $23.80 (near support).

Breakout Entry: Add more positions above $24.50 after confirmation of a breakout.

Targets

1. Target 1: $26.00

2. Target 2: $28.50

3. Target 3: $32.00

Stop Loss

Stop Loss Level: $22.20 (below the support zone to limit risk).

What’s Next

1. Bullish Scenario:

A breakout above $24.50 with strong volume could lead to rapid gains toward $26.00 and beyond.

2. Bearish Scenario:

If price falls below $22.20, avoid buying as momentum may shift downward.

💡 Tips:

Be Patient: Wait for breakout confirmation to avoid false moves.

Manage Risk: Use stop losses and stick to your plan.

Chainlink is on the verge of something big – Are you ready to ride the bullish wave? 🎯

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