$LTC Just Took a Hit – Smart Traders, Eyes on This Zone!
Long Liquidation Alert:
$8,966 worth of longs wiped out at $95.42!
That’s not just a dip — it’s a signal.
What’s happening?
A sharp liquidation event like this usually shakes out weak hands and gives smart money the perfect entry.
Technical Analysis – Time to Plan the Attack:
Buy Zone:
$91.50 – $93.20
This zone is a high-probability bounce region, near strong horizontal support and fib retracement levels.
Short-Term Target Levels:
Target 1: $97.80
Target 2: $101.20
Target 3: $106.00 (major breakout level)
Stop Loss:
$89.80 (below key support to avoid fakeouts)
Why This Matters:
Recent liquidation cleared leveraged positions, resetting the market.
$LTC still follows BTC trends but reacts more violently — ideal for breakout traders.
Next 48–72 hours could see a V-shaped recovery if the buy zone holds.
My Take:
I'm watching $91–93 like a hawk.
If bulls defend it, we could see Litecoin bounce back hard.
One big move can change the whole momentum!
Stay sharp. Ride the wave.