$LTC Litecoin Shorts Wiped Out – Is a Bigger Move Brewing?

A $109K short position on LTC was liquidated at $122.73, signaling increased buying strength. This liquidation forced bearish traders to exit, potentially setting the stage for further upside movement.

If bulls maintain momentum, Litecoin could challenge the $125–$128 resistance zone, where a breakout could accelerate gains. However, if LTC fails to hold above $122, a pullback toward $119–$120 might be the next key area to watch.

📌 What’s Next?

Bullish Breakout: A push above $125 could trigger a stronger rally.
Downside Risk: If momentum weakens, LTC may consolidate before its next move.

With volatility increasing, traders should keep an eye on volume and trend confirmation before positioning themselves.

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