$LPT Short Liquidation Alert.
Massive Short Liquidation of $1,777.90 triggered at $14.884.
Bears caught off guard as breaks resistance levels with a powerful surge, forcing short positions to liquidate.
Key Details:
Liquidation Amount: $1,777.90
Liquidation Price: $14.991
Market Reaction: A quick spike, likely squeezing out leveraged shorts.
What’s Happening.
This liquidation suggests a significant amount of short positions were stacked at or below $14.991. With this squeeze, momentum might shift to the bulls, possibly pushing $LPT to higher resistance levels.
Technical Outlook:
Immediate Resistance: $15.50 - $16.00
Support Zone: $13.80 - $14.20
Watch for Breakouts: A clean break above $15.50 could attract more buyers.
Caution for Traders:
High volatility ahead.
Assess risk levels before entering.
🚀 Could this be the beginning of a larger rally.
Keep an eye on $LPT
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