$LINK Explodes Through Resistance: $1.045M Shorts Liquidated at $13.30
⭐ Buy and trade here 👇
Analysis Zone Breakdown:
Accumulation Zone (Buy Range): $12.65 – $13.20
Strong buying interest was observed here before the breakout. This zone remains a solid support if price pulls back. Ideal entry for those looking to ride the next wave.
Breakout Level: $13.30
This was the liquidation trigger and former resistance. Now flipped into potential support. Holding above this confirms strength.
Target Levels:
• Target 1: $14.05 – short-term resistance from previous price structure
• Target 2: $14.70 – Fibonacci extension and psychological zone
• Target 3: $15.50 – a major resistance from April highs and likely profit-taking zone
Stop Loss:
Below $12.50 — closing below this invalidates the bullish structure and confirms a false breakout
The bears just took a hit. A massive short liquidation of over $1 million was triggered as $LINK surged past the $13.30 mark — a level previously seen as a critical resistance zone. This sudden breakout suggests renewed bullish momentum in the market, and now all eyes are on the next major move.
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Conclusion:
$LINK liquidation at $13.30 wasn't just a flush; it was a signal of momentum reversal. With the bears wiped out and the bulls taking control, the path to $15 is now wide open — but only if it holds the $13.30 line. Watch the pullback closely and don’t chase. Let price come to you.
⚙️ॐ Risk: Use proper risk management — 3x–5x leverage recommended☀️#CRYPTOWORLD