$LTC

LTC Faces Heavy Long Liquidation: What’s Next?

A wave of $6.29K in long liquidations has just struck Litecoin at the $95.75 level.

This signals a crucial rejection zone and a potential shift in market sentiment.

But is it fear—or opportunity?

Here’s a detailed breakdown:

Current Sentiment:

The sudden long liquidation indicates that bullish positions were over-leveraged around the $95.75 mark. Smart money might be shaking out weak hands before the real move.

$LTC Price Strategy and Trade Plan

Buy Zone:

$89.00 to $91.20

This zone offers a strong accumulation range near a prior support structure and psychological threshold. Wait for confirmation with volume bounce or bullish divergence.

Stop Loss:

$86.80

Below this level, the structure breaks down and sellers gain complete control. Preserve capital if the trend fails.