$LTC Long Liquidation at $80.39 Opens the Door for a Fresh Technical Setup
A recent long liquidation on LTC, totaling approximately $82.2K at the price of $80.39, has injected a wave of volatility into the market. Events like this often flush out over-leveraged positions and create a cleaner landscape for traders waiting on a structured re-entry. When liquidity sweeps occur near key levels, they frequently precede the next directional move — making this an ideal moment to reassess the chart.
Below is a customizable quick setup template you can apply directly to your LTC chart:
Quick Setup
Entry Range: [Range]
Identify the zone that aligns with reclaimed support or a stabilization area following the liquidation wick. This is where early positioning becomes most favorable.
Targets:
TP1: [TP1]
TP2: [TP2]
TP3: [TP3]
These should align with previous reaction points, supply areas, or natural extensions of the current swing structure.
Stop Loss: [SL]
Place the stop below your invalidation point — typically beneath the liquidity sweep or below the most recent structural low.
Key Break Level: [Level]
A confirmed break and hold above this level signals momentum returning to the upside and often triggers the next expansion move.
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