🔥 $LTC Short Liquidated! $109K Wiped Out at $120.90 🔥
A massive $109K short position just got liquidated at $120.90 for Litecoin ($LTC). This signals strong bullish momentum as shorts get crushed. The question now is: What happens next? Is this the start of a bigger move?
Here’s the next move to focus on:
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Buy Zone
$118.00 - $120.00
This range acts as support where buyers are stepping in. If the price dips here, it’s a good chance to catch the next rally.
Target
First Target (TP1): $125.00
Second Target (TP2): $130.00
A breakout above $120.90 could trigger strong upside momentum toward these levels.
Stop Loss
$115.00
If $LTC falls below this point, the bullish move might fail, and risk increases. Always have your stop loss ready.
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What’s Happening? 📊
The liquidation of short positions means sellers are getting trapped, and buyers are gaining control.
When shorts get liquidated, it often fuels more upside moves as prices spike.
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⚡ Strategy: Watch for dips around the $118-$120 support zone. If bulls hold this level, the price could easily rally to $125 or even $130.
Are you bullish on $LTC now, or expecting a reversal? Share your thoughts below! 🚀
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