$LTC Major Long Liquidation at $121.12!
Market Insight:
A $94.4K long position was liquidated at $121.12,
reflecting strong selling pressure as bulls struggled to maintain support.
Key Levels to Watch:
Sell Zone: Below $120 for further bearish movement.
Downside Targets: $118, $115, and $112.
Buy Zone for Recovery: Watch for a rebound near $110โ$115 for a potential reversal.
What This Means:
Liquidation at this level suggests sellers are in control. If $LTC fails to reclaim $122,
more downside is expected. A breakout above $123 could signal recovery.
$LTC is in a critical zoneโtrade carefully and look for opportunities!
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