Technical analysis by Thebitcoin37 about Symbol LTC: Buy recommendation (7/22/2025)

Thebitcoin37

Structure: Market is in a bullish trend, forming higher highs and retracing after a strong impulse move. Liquidity Sweep (SSL): Recent candles show a sweep of sell-side liquidity, targeting the lows near $108, clearing out weak longs. FVG (Fair Value Gap): Price is approaching a 4H imbalance zone ($104–$108), indicating an inefficiency that may attract buy orders. POI & OB Zone: A Point of Interest (POI) and a Bullish Order Block (OB) rest just below FVG (around $102–$104), acting as a strong confluence for reversal. Expectations: If price fills the FVG and reacts from POI/OB with a bullish engulfing or confirmation, we can expect a bounce targeting the previous high around $125+. Ideal Setup: Look for entry around $102–$106, with SL below OB and TP 1.5–2x above previous high. This setup aligns with Smart Money Concepts (SMC) – liquidity sweep, FVG fill, and OB reaction. ✅