Litecoin $LTC Update:
Short Liquidation Alert: $10.48K liquidated at $105.28, signaling bullish pressure as shorts exit the market.
Key Support & Resistance Levels:
Resistance: $107.50
Support: $104.00
Market Outlook:
The liquidation indicates potential for $LTC to push higher. A strong break above $107.50 could open the path for further gains, but failure to hold $104.00 might lead to a retracement.
Trading Plan:
• Buy: Consider entering around $105.50 (Target $107.50, Stop $104.50).
• Sell: Short near $107.00 if price faces rejection (Target $105.00, Stop $108.00).
Monitor momentum closely, as LTC often reacts sharply to liquidation events.
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