$LTC experienced a long liquidation around the $51.93 level, signaling a sharp downside liquidity sweep that cleared overleveraged long positions and pushed price into a critical demand zone. The $50.80–$51.50 region now acts as key support where buyers must step in to prevent further downside. If LTC holds above this zone, a relief bounce toward immediate resistance at $54.20 is likely, followed by a higher target near $57.00 where prior supply is located. Long liquidation events of this nature often mark short-term exhaustion if selling pressure fades. A breakdown below $50.80 would weaken the structure and expose deeper downside toward $48.50. Overall setup suggests cautious bounce potential if support holds. $LTC

LTCUSDT

Perp

53.23

-0.52%

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