$LTC Long Liquidation:
A massive $541K long position on $LTC was liquidated at $90.10 as the market unexpectedly reversed.
Traders caught in the bullish rally were blindsided by a sharp downturn, triggering a devastating liquidation event.
Entry Point:
Long positions on $LTC were initiated around $85.00, riding the bullish wave with strong confidence.
Target:
The target was set at $95.00, expecting further upward movement as the market showed signs of strength.
Stop Loss:
The stop loss was placed at $82.00, but the market swiftly hit the liquidation point, causing significant losses.
LTC is now facing increased volatility—remain cautious and reassess your positions as the market dynamics shift!