$LTC / USDT – Bears Squeezed at $105.83! Bullish Reversal in Play!
$37.1K in short positions just got flushed at $105.83
A major squeeze just took place as $LTC broke through a crucial level, with shorts getting trapped.
Now, it's testing the waters to see if the bulls can hold strong or if the momentum fades.
⚠️ WATCH THE KEY LEVELS:
• Support Zone: $105.00 – $106.00 (Bulls need to defend here to avoid deeper pullbacks)
• 🎯 TP1: $110.00
• 🎯 TP2: $115.00
• 🎯 TP3: $120.00
• 🛑 Stop Loss: Below $103.00
Market Insight:
The short squeeze could fuel a rally if the bulls continue to push. Watch for any signs of continuation or rejection as this area consolidates.
Pro Tip:
Look for a strong close above $107.50 with volume to confirm the bullish momentum and a safer entry for the next leg up.
$LTC just caught the bears off-guard. Will the bulls build on this momentum? Keep your eyes on the price action!