🔥 $LINK Liquidation ALERT! 🔥
💥 Shorts Wiped Out at $16.04 | $9.65K Liquidated! 💥
The bears just got rekt! 📉💀 A wave of $9,659 in short liquidations hit at $16.04, confirming strong buying pressure and signaling a potential bullish breakout for Chainlink ($LINK).
🧠 Technical Analysis – $LINK /USD
📍 Current Price Zone: Around $16.10–$16.20
✅ Buy Zone (Entry):
$15.60 to $16.10
(Perfect re-entry if price retests support near liquidation zone)
🎯 Target Levels:
1. Target 1: $17.20 🚀
2. Target 2: $18.50 💣
3. Target 3 (Moon Target): $20.00+ 🌕
🛑 Stop Loss:
$15.10 (Just below the support trendline and EMA 50)
📈 Why This Setup?
✅ Short Liquidation at $16.04 = Strong resistance now turned into support
✅ Bull Flag Pattern emerging on 4H chart
✅ RSI bouncing above 50 – bullish momentum
✅ Volume Surge confirms breakout potential
⚔️ Market Sentiment:
🔹 Bears caught off guard
🔹 Bulls gaining control
🔹 Whales showing interest in accumulation zone
📊 Strategy: Look for a retest of the $15.60–$16.10 zone. If the support holds, prepare for a breakout towards $18+. Watch volume closely and trail your stop loss as the price climbs.
🧨 Chainlink is waking up. Bulls are hungry. Shorts are bleeding. This is just the beginning...
📍 Stay sharp. Stay ready.
