Major $LTC Liquidation Alert: A $105K long position got liquidated at $99.01! This signals heavy selling pressure, and traders are rushing to re-evaluate their strategies.
Market Outlook:
Support Level: $96.50 – Watch closely for any dip below this key level.
Resistance Level: $102.00 – Breaking above could signal bullish recovery.
Next Move Suggestions:
1. If price nears $96.50: Look for potential buying opportunities, but wait for confirmation of a bounce to avoid further downside risk.
2. If price $LTC breaks above $102: It could open room for a rally. Consider buying with tight stop-loss around $99 to manage risk.
3. If price stays between $96.50-$102: Stay cautious. Range trading can be profitable, but watch for sudden volatility.
Pro Tip:
Manage risk carefully and use proper stop-loss levels.
The market may stay unpredictable in such conditions!
#BTCNextMove #USUALAnalysis #CorePCESignalsShift #USJoblessClaimsFall