The price of #LTC fell sharply from $104 to $94, dragging along a large number of leveraged long positions that were liquidated in that decline.

Currently, it remains in the $97 zone, but the chart shows an active risk area between $94 and $89, where there is still exposed liquidity of longs that has not been completely swept away. If the downward pressure continues, that level could act as a magnet.

The market does not seek justice, it seeks liquidity. And it will always look for it where it hurts the most.

🔗 https://tradingdifferent.com/es/dashboard/liquidation-heatmap?code=binance-square

LTCUSDT

Perp

104.9

+8.94%