$LTC Short Liquidation Alert!
Liquidation Amount: $51,000
Liquidation Price: $121.16
What just went down?
A major short position was obliterated as $LTC surged past the critical $121.16 mark!
Bears underestimated the bullish momentum, triggering a wave of forced buy-ins.
Why does this matter?
1️⃣ Short Squeeze Alert: This liquidation added buying pressure, accelerating LTC’s upward momentum.
2️⃣ Key Breakout Zone: $121 is a pivotal level; breaking it could spark a sustained rally.
What’s Next for LTC?
.Upside Potential: If momentum holds, LTC could target $125-$130 as the next resistance zone.
🔻 Risk of Reversal: Failure to maintain above $121 may see a pullback toward $118-$119 for consolidation.
Key Watch Points:
Volume spikes: Is the rally supported by strong buying?
Overall market sentiment: Will bulls continue dominating?
Strap in, $LTC traders! The game is heating up!
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