$LTC Long Liquidations Soar.

A whopping $1,585.50 worth of long positions were wiped out in a swift move to $104.17.

What Happened.

Price Flash Dip: LTC hit a key liquidation level at $104.23, triggering significant long positions to close.

Traders Caught Off-Guard: The unexpected price action led to panic in the market, fueling further liquidations.

Key Technical Levels to Watch:

Current Support: $104 (critical level). If broken, $LTC could plunge further.

Resistance Zone: $108.50–$110.00. Bulls need to reclaim this zone to regain control.

What’s Next.

Bulls: This could be an opportunity for re-entry if LTC finds strong support.

Bears: Watch for further breakdowns below $104 for shorting opportunities.

Pro Tip:

Buy Zone: $102–$104 for cautious traders with tight stops.

Stop Loss: Below $101 to limit risks.

Target: $108–$110 for a potential bounce-back.

Stay sharp, and may the markets be ever in your favor.

Let me know if you'd like more analysis or help planning a strategy.

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