ADA and LINK face sharp liquidation risks at key price levels, hinting at potential short squeezes ahead.
Traders watch ADA’s $0.90 and LINK’s $18 thresholds as volume and liquidation clusters build tension.
Chainlink’s AI-driven DEX boosts real-world utility, but layered risks may trigger volatility in both assets.
Chainlink (LINK) and Cardano (ADA) are trading near key liquidation thresholds as long and short positions stack at critical zones. Liquidation heatmaps reveal clustered risks between $0.70–$0.90 for ADA and $15–$18 for LINK, with traders split on direction as volatility builds.
In a post by Alphractal, ADA and LINK recorded significant long liquidations before flipping into short-heavy territory. “The highest concentration of potential liquidations is now from Shorts,” the post noted, suggesting a local bottom may be in place. ADA’s heatmap shows short liquidity stacking at $0.80 and $0.90, with over $1 billion in exposure.
https://twitter.com/Alphractal/status/1928258513114988651
The $0.70–$0.85 range on ADA shows visible long interest, with liquidation levels reaching $40 million. Price activity between $0.60 and $0.95 reflects a volatile structure, with local highs around $0.90 and sharp drawdowns near $0.70. On May 29, a $200 million drop in long liquidations hinted at capitulation, suggesting a potential shakeout bottom.
LINK’s heatmap displays dense liquidation zones between $15 and $17, with a sharp risk cluster near $18. According to Alpharactal’s analysis, short exposure near $18 exceeds $1 billion, while long positions cluster around $13–$15 with $40 million in liquidation risk. A steady rise in long exposure through May hints at bullish conviction returning.
XSwap Boosts Chainlink Utility via AI-Powered DEX
Chainlink’s ecosystem growth added a boost as XSwap integrated its decentralized oracle network. The partnership supports an AI-driven DEX assistant, providing accurate price data across blockchains. According to TradingView data, LINK traded from $14.50 to $16.19 during May, before retreating to support near $15.05 on May 29.
LINK’s volume spiked with its rally, followed by tapered interest during its retracement. Despite the pullback, LINK maintained a 5.24% monthly gain. ADA posted a more controlled structure, rising 2.10% with less severe price swings. Both assets faced liquidity events around May 9–10, aligning with key trading volume surges.
Price Action Aligns with Volume and Liquidation Zones
LINK saw multiple inside bars into late May, suggesting indecision below $16 resistance. ADA remained closer to its moving average, showing steadier support behavior. The $0.70 zone for ADA and $15 for LINK continue to act as pivot levels for traders.
Analysts now monitor ADA’s $0.90 and LINK’s $20 targets. With layered liquidation risks and strong volume zones, these levels may trigger further volatility. Short squeeze setups for LINK and rebound attempts for ADA remain on watch as capital rotates between top altcoins.
The post Chainlink’s $15–$18 and ADA’s $0.70–$0.90 Zones Draw Traders’ Focus Amid Liquidation Risks appears on Coin Futura. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
