$LTC is setting up after a clean liquidity sweep, and I’m paying attention for a controlled rebound.

The main reason I’m interested here is the sharp flush into the 55 area. That move wiped out weak hands and triggered forced selling. It wasn’t slow distribution, it was a fast liquidation move. After that, price stopped bleeding and started to base. That shift in behavior is what matters to me.
I’m seeing selling pressure cool off while price holds higher lows after the sweep. That usually tells me the market already grabbed liquidity below and is now deciding the next direction.
Market read
I’m reading this as a relief setup after an aggressive selloff. The structure broke down hard, did the damage, and now we’re in stabilization mode. As long as price holds above the sweep low, the probability favors a recovery toward prior breakdown zones.
Entry Point
59.00 – 59.80
I’m looking for acceptance above this consolidation range, not chasing spikes.
Target Point
TP1: 61.50
TP2: 63.80
TP3: 66.00
These levels line up with previous support turned resistance from the drop.
Stop Loss
54.60
Below the liquidity sweep. If price returns there, the idea is wrong.
How it’s possible
Liquidity was clearly taken below 55, panic sellers already exited, and price failed to continue lower. When a market stops falling after a sweep, it usually looks for upside liquidity next. That liquidity sits above the current range and near the previous highs. I’m not expecting miracles, just a structured reaction move.
Risk is defined. Levels are clear. I’m trading structure, not hope.
Let’s go and Trade now $LTC