๐จ Liquidation Alert! ๐ด
A whopping $93,000 in Long positions on $LTC (Litecoin) just got wiped out at the $87.63 mark!
๐ What happened?
LTC bulls got too confident as price surgedโbut sharp resistance triggered a sudden reversal, sending overleveraged longs into liquidation.$LTC
๐ฅ Total Liquidation: $93,000
๐ Price Triggered: $87.63
๐ฃ Market Impact: Spike in sell pressure, volatility rising, and liquidations could snowball if support breaks!$LTC
๐ง Takeaway: Risk management is not optional in this game. Leverage can give... and it can take everything away.