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Market Overview: #LTO just staged a powerful breakout from consolidation, jumping from $0.0296 to above $0.0410 in a matter of hours. This surge follows a deep dip to $0.0247—a level that now acts as a strong base for buyers.
The current structure shows a clear V-shaped recovery, with momentum accelerating as price cleared the $0.0350-$0.0375 resistance zone. The breakout candle is backed by a solid volume spike, signaling fresh buying interest and the potential for continuation.
Target zone aligns with minor supply and previous breakdown area near $0.0505
Trade Outlook: As long as LTO holds above $0.0380–$0.0390, bulls remain in control. A continuation toward the $0.0450–$0.0505 range is likely, especially if the breakout is sustained on the next few hourly closes.
Stop-loss Suggestion: Below $0.0365 to protect downside if momentum stalls.
Final Note: LTO is back on the radar with a swift trend reversal. The setup favors short-term bulls aiming for a breakout rally toward $0.0505, provided the price holds above the breakout base.
Buy and Trade here on $LTO {spot}(LTOUSDT)
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