$LINK — Two-sided liquidation battle
At roughly $9.47, LINK has substantial liquidation activity both below and above current price.
The interesting feature is the concentration around $9.1–$9.7. A move through either side could trigger a cascade because leverage is positioned relatively close to the current market.
Read: This isn't a clean bullish setup. It's a liquidity battle. Wait for price to establish direction rather than predicting the direction from the map alone.
Verdict: Neutral until breakout confirmation.
At roughly $9.47, LINK has substantial liquidation activity both below and above current price.
The interesting feature is the concentration around $9.1–$9.7. A move through either side could trigger a cascade because leverage is positioned relatively close to the current market.
Read: This isn't a clean bullish setup. It's a liquidity battle. Wait for price to establish direction rather than predicting the direction from the map alone.
Verdict: Neutral until breakout confirmation.