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🦅 $LINK deeply oversold on the hourly capitulation complete?

Chainlink has taken a heavy short-term flush down to the $7.50 area, sweeping previous lows.


However, the selling pressure is completely exhausting itself as the price stabilizes with tight consolidation.


When $LINK gets this stretched to the downside, the resulting short squeeze relief bounce is usually aggressive.


Watching for a fast move back up to $7.90+. 📈


#Citadel pursues bankruptcy against crypto founder

#US Bitcoin ETFs see outflow

#India tightens crypto regulations

#Fed minutes reveal rate hike split

#AscendEX ceases operations


$MON

$DEXE

$BLUR

$EDGE

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