Liquidation Alert. $LPT Takes the Spotlight

A massive $1,049.2 worth of short positions in $LPT just got liquidated at $16.527.

Bulls are roaring as bears face the heat.

What does this mean.

A short liquidation happens when traders betting on a price drop are forced to close their positions due to price movement against them.

At $16.192, a significant resistance level was broken, squeezing out shorts.

Key Levels to Watch:

Support Zone: $15.80 - $16.00

Next Resistance: $16.50 - $17.00

If bulls hold the $16.00 support, we might see further upside momentum.

What to Expect.

1. Bulls could push prices higher if the momentum continues.

2. Bears may regroup around resistance levels to fight back.

3. Watch for volume spikes higher activity could indicate the next big move.

$LPT traders, buckle up.

The market's heating up.

#LPT/USDT #BinanceAlphaAlert #SolvProtocolMegadrop #BitcoinInSwissReserves #MicroStrategyStockSale