BTC31011

07/14 06:56

LINK : Will $15.5 act as a launchpad or resistance

LINK : Will $15.5 act as a launchpad or resistance trigger?

Chainlink’s Liquidation Heatmap revealed dense liquidation clusters between $15.50 and $16.00.

If LINK punches through, we could see a cascade of short liquidations—amplifying the rally via forced buybacks. That said, it’s a double-edged zone.

Chainlink’s Liquidation Heatmap revealed dense liquidation clusters between $15.50 and $16.00.

If LINK punches through, we could see a cascade of short liquidations—amplifying the rally via forced buybacks. That said, it’s a double-edged zone.

Failure to flip this region could trigger sell pressure and cool down the rally. For now, bulls have the upper hand as price hovers just under this liquidation cluster.

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