🚨 $LINK Bulls Dominate — $72.4K in Shorts Wiped Out at $13.16! 🚨
Chainlink ($LINK) just sent a clear message to the bears — $72,400 in short positions liquidated as price surged past the $13.16 resistance with authority. This is more than volatility — it’s momentum in motion.
📊 Volume Surge Confirmed: A dramatic uptick in buy volume signals institutional interest and strong directional conviction. The market structure just flipped.
📈 Technical Snapshot:
New Support: $13.10–$13.20 zone (prior resistance flipped)
Immediate Resistance: $13.85, then $14.50
Momentum Trigger: Clean breakout above descending channel on 4H
Market Structure: Higher lows forming, bullish continuation likely
🎯 Pro Strategy Setup:
Entry: $13.20–$13.30 (retest of breakout zone)
Target 1: $13.85
hiTarget 2: $14.50+
Stop-Loss: Below $12.95 (invalidates bullish structure)
⚠️ LINK is showing strength not seen in weeks. Momentum is building fast — and smart traders know how rare clean breakouts like this are.
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