š„ $LINK Long Liquidation Alert! š„
A $5.76K liquidation has just been wiped out at $20.991! The market is heating up, and traders are eyeing the next big move. Are you ready to capitalize on the opportunity? Here's your full strategy:
Whatās Next for Chainlink ($LINK )?
This liquidation could trigger high volatility, offering both risks and opportunities. Letās dive into key levels and setups.
Key Levels to Watch:
Buy Zone:
š $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:
šÆ Target 1: $21.50 (Short-term resistance zone)
šÆ Target 2: $22.30 (Momentum breakout level)
šÆ Target 3: $23.00 (If bulls take full control)
Stop Loss:
ā $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.
ā” The market doesnāt waitāmake 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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