$LTC Major Breakout Loading? Holding Strong at Key Support #LongTermAnalysis

šŸ•‰ļøbuy and trade here šŸ‘‡

šŸŽÆ Price retraced from resistance and is hovering near the re-entry zone ($79–$94).

šŸŽÆ If LTC reclaims $115+ with volume, a breakout towards $150–$230 is likely.

LTC
LTC
76.76
+1.54%

Major Breakout Loading?

#LTC Holding Strong at Key Support

⭐LTC is currently consolidating around the $98 level, showing a minor pullback after a failed breakout above the key resistance zone ($101–$128). This red zone has historically acted as a major supply area, rejecting price multiple times.

Key Observations:ā˜€ļø

āž”ļø Strong ascending trendline support remains intact since 2019.

āž”ļø Price retraced from resistance and is hovering near the re-entry zone ($79–$94).

āž”ļø If LTC reclaims $115+ with volume, a breakout towards $150–$230 is likely.

āž”ļø Rejection from this zone could lead to another retest of the green re-entry area.

Strategy:ā˜€ļø

āž”ļø Watch for bullish confirmation above $115 to aim for mid-term targets.

āž”ļø Aggressive buyers may consider scaling in between $79–$94 with a tight SL.

āž”ļø Long-term target remains around $229, $389, and beyond if macro trend continues

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