Looking at the current $LINK /USDT liquidation heatmap, here’s the analysis:
Price Action: LINK is trading just above $22, after a recent rejection from the $23 zone.
Liquidity Clusters:
Upside: Heavy liquidity remains around $23.00 – $23.20, but price has already been rejected there twice.
Downside: Large bright yellow/green zone (high liquidity) is sitting around $21.00 – $21.20 — a magnet zone where market makers often drive price to trigger liquidations.
Trend: Short-term structure is bearish — lower highs forming, and momentum is weakening.
Probability: If $22 support fails, price is likely to head toward $21.20 and potentially sweep toward $21.00.
Bullish Scenario: For bulls to regain control, LINK must break above $23.20 with strong volume — otherwise, downside pressure will dominate.
📌 Conclusion:
Short-term bias is bearish with a likely move toward the $21.20 – $21.00 liquidity zone before any major bounce attempt.