#LTC Liquidation Alert$LTC !
A massive $129K short position was liquidated at $106.66 for Litecoin (LTC), signaling strong bullish momentum in the market. This sharp move may attract more buyers, pushing prices higher in the short term.
What’s Next for?
?
1. Support Zone: LTC has strong support near $104-$106, which could act as a solid base for further gains.
2. Resistance Levels: Watch out for resistance near $110 and $115. A break above these could spark a larger rally.
3. Market Sentiment: With shorts being liquidated, bulls may gain more confidence. Keep an eye on trading volume to gauge strength.
Key Tip:
Stay cautious of sudden pullbacks. If you're trading, use stop-loss orders to protect against volatility. For long-term holders, this could be a great moment to watch for sustained upward trends.
The market is heating up – stay sharp and trade wisely!