LTC Long Liquidated: $56.5K Closed at $115.78
I was liquidated on my Litecoin (LTC) long — $56.5K closed at $115.78.
The forced exit highlights how quickly leveraged positions can be wiped out around current LTC price levels.
I'm reassessing risk and will avoid similar leverage until I see clearer support and less volatile price action.
Analysis
The liquidation signals elevated short-term volatility and likely clustered stops near the $115–116 area; my position sizing and leverage were inappropriate for this market environment.
Recommendation
I recommend reducing leverage, widening stops or waiting for consolidation before re-entering; for now I'm watching price action rather than buying.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.