$LTC If a candlestick pattern similar to a hammer can be formed at a low level, while the price returns to the range of over 70, then that would be a relatively comfortable entry point for me.

The logic is quite simple: there is clear support below, selling pressure has been absorbed, and once the emotions are released, we can move up without needing too much incremental capital. As long as the structure is not broken, making a rebound wave is cost-effective.

For the upper target, I will first look at the area of previous high concentration, roughly between 92 and 100; this is both a previous resistance area and a strong technical resistance level, suitable for gradual profit-taking.

LTC

79.25

+3.48%