$LINK Long Liquidation: $8.7908K at $14.317
Explanation:
Longs were liquidated around $14.317, showing buyers entered late into a fading upswing. This indicates weak bullish momentum, giving sellers room to drag price toward support.
Next Move:
Market may pull back to collect more liquidity below nearest support before any stable bounce.
Targets:
TG1: $14.05
TG2: $13.72
TG3: $13.28
Pro Tip:
Don’t long resistance zones. Wait for a clean support confirmation to avoid getting trapped like liquidated long traders.
