#Whales Scoop Up 2 Million $LINK in 2 Days... Is a Breakout Coming? 🐳📈
🐋 Whale Moves Signal Confidence
Big holders just grabbed 2 million LINK over 48 hours. That’s a strong vote of confidence while price rests around $24.
📉 Exchange Supply Shrinks
LINK balances on exchanges have dropped to their lowest since June 2022. Fewer coins available to sell means supply is tightening.
🌀 Chart Pattern Points to Action
LINK is forming a bullish pennant. Support is lying around $22-23, resistance near $25-26. If it breaks out above that upper band, we might see a stronger move upward.
⚠️ What Could Go Wrong
If resistance holds and supply doesn’t stay tight, LINK could retrace back toward support. Also, any large sell pressure after accumulation could trigger volatility.
Looks like LINK is getting ready to spread its wings. If the breakout hits, those whales might’ve timed this just right.
What do you think about this?
