$LINK Long Liquidation Alert: A massive $5.495K was liquidated at the $26.215 level, signaling heightened market activity!
Key Levels to Watch:
Resistance: $26.50 - $27.00
Heavy sell pressure could emerge here, with previous attempts to break this zone failing.
Support: $25.80 - $26.00
This range has acted as a critical safety net. A breach could trigger a deeper correction.
What’s Next?
Bullish Case: If $LINK reclaims $26.50, momentum could push it toward $27.50 or higher, breaking out of the current consolidation.
Bearish Case: Failure to hold above $26.00 may lead to a test of $25.50, with a potential dip to $25.00 if sentiment weakens.
Trader’s Tip: Watch for volume spikes and news-driven catalysts. With volatility spiking, this could be a pivotal moment for LINK!
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