$LINK LONG LIQUIDATION!
A $53.4K long was wiped out at $25.12, showing sellers are in control, but the battle isn’t over yet.
Chainlink is in the spotlight as traders eye the next big move!
Quick link Overview:
A leading oracle project connecting smart contracts with real-world data.
Known for strong fundamentals but often sees sharp price swings.
Next Move Prediction:
Bearish: If sellers continue, $LINK could dip further.
Bullish rebound: Buyers may step in at key support.
Support & Resistance Levels:
Support: $24.80 (critical level for a bounce).
Resistance: $25.60 (key hurdle for bulls).
Buy or Sell?
Buy near $24.80 if it shows signs of recovery.
Sell/Short if it struggles to reclaim $25.60 and turns weak.
$LINK is gearing up for a decisive move—watch closely for the breakout or breakdown! ⚡