$LINK Big money playing short.

$LINK SHORT

Entry: $9.35 - $9.45

Targets: $9.15, $8.95, $8.70

SL: $9.65

Leverage: 5x - 10x

Reason:

Even though many whales are trying to buy, the actual dollar amount held by short-sellers is much higher ($21.95M). Most of the "Long" whales are currently losing money with an entry of $9.61, meaning they might sell soon to cut losses. Sell volume is also much stronger than buy volume right now.

Can the buyers hold the line, or will the heavy short volume crash the price?