$LIT Long Liquidation: $9.6546K at $1.0573
Another leveraged long position got wiped out, with $9.65K liquidated at $1.0573. The move highlights continued liquidity hunting where overexposed longs are flushed before any stable direction forms.
Price action is still reacting violently around key liquidation zones, showing that the market is in a clean-up phase rather than a trending phase. These moves often precede sharper expansion once leverage is cleared.
📊 Trade Setup (Reaction Zone Play):
Entry (EP): $1.060 – $1.075 (on reclaim / confirmation)
Take Profit (TP):
TP1: $1.120
TP2: $1.165
TP3: $1.210
Stop Loss (SL): $1.035 (below liquidation sweep zone)
Bias: Neutral to slightly bullish only on reclaim above $1.06. If price fails, expect another liquidity sweep before recovery attempts.
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