Litecoin $LTC Update: Sharp Long Liquidation Spotlights Opportunity
A notable $1.05K long liquidation occurred at $122.14, signaling a brief correction in momentum. This could be a strategic moment to evaluate positions.
Technical Levels:
Support: $120.50 โ strong cushion to watch for price stabilization.
Resistance: $125.00 โ the immediate ceiling that must be overcome for bullish continuation.
๐ Market Insight:
The recent liquidation indicates some profit-taking but buyers remain interested near support. If LTC can hold above $120.50, itโs likely to retest resistance soon.
๐ฏ Trading Plan:
Entry Point: Consider adding near $121.00โ$122.00 on signs of buying strength.
Target Zones: $125.00 first, then $128.00 if momentum builds.
Exit Strategy: Set stop-loss just below $119.50 to manage risk.
Keep an eye on volume spikes and price action for confirmation of the next directional move.
Stay alert, and trade smart!
#BuiltonSolayer #USFedBTCReserve #Notcoin #USFedNewChair #CryptoIn401k !