$LINK Bears getting squeezed by bullish whales with violent pressure — imminent breakdown?

$LINK /USDT — Short 🔴

Trading plan:
Entry: 11.979 – 12.0387
Stop loss: 12.3671
Target 1: 11.7103
Target 2: 11.5014
Target 3: 11.2924

Why this setup?
The market is heavily biased toward the long side (62.52%) with the risk of long positions getting squeezed
Price is above the VWAP and EMA200, indicating excessive extension
Narrow Bollinger Band width (BBW 0.0419) signals an upcoming volatility expansion

Are we seeing the start of a classic long squeeze, or just a healthy correction before the uptrend continues?

$LINK

This content is not investment advice—do your own research (DYOR)