🔴 $LINK Liquidated Long: $131K Wiped at $16.01 🚨
#Chainlink traders felt the heat as a sudden pullback ignited a $131K long liquidation around the $16.01 mark. This shakeout underscores a strong resistance band and reminds us that volatility can strike fast❗
🔥 Liquidation Highlight:
• Price Level: $16.01
• Liquidated Volume: $131,000
🛡️ Resistance Zone: $16.00 – $16.20
Watch for reversal signals or a clean break above to gauge the next leg of the move.
💡 Trader Insights:
• A break below $15.80 could invite deeper retracements.
• Sustained bids above $16.20 may flip resistance into support.
Buy and Trade Here $LINK