$LTC Lightning Strikes Litecoin!
$LTC Long Liquidation Alert!
A massive $455,000 in long positions got wiped out at $121.73, leaving bulls stunned as the market took a sudden downturn.
Key Event Breakdown:
Liquidation Size: $455K — a crushing blow to leveraged longs.
Liquidation Price: $121.73 — marking a pivotal breach.
Impact: Rising bearish momentum as confidence among buyers falters.
What triggered this?
Increased sell pressure near critical resistance zones.
A quick rejection left little room for bulls to react, resulting in a cascade of liquidations.
What’s Next for $LTC ?
With this liquidation, $120 becomes the must-watch level.
A breakdown here could open doors for $115, while a recovery above $125 might reignite bullish hopes.
Trader’s Note: Expect heightened volatility and potential opportunities on both sides of the market.
Tighten stops and stay sharp—the lightning isn’t done striking!
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