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

๐Ÿ•‰๏ธbuy and trade here ๐Ÿ‘‡

๐ŸŽฏ Price retraced from resistance and is hovering near the re-entry zone ($79โ€“$94).

๐ŸŽฏ If LTC reclaims $115+ with volume, a breakout towards $150โ€“$230 is likely.

Major Breakout Loading?

#LTC Holding Strong at Key Support

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

Key Observations:โ˜€๏ธ

โžก๏ธ Strong ascending trendline support remains intact since 2019.

โžก๏ธ Price retraced from resistance and is hovering near the re-entry zone ($79โ€“$94).

โžก๏ธ If LTC reclaims $115+ with volume, a breakout towards $150โ€“$230 is likely.

โžก๏ธ Rejection from this zone could lead to another retest of the green re-entry area.

Strategy:โ˜€๏ธ

โžก๏ธ Watch for bullish confirmation above $115 to aim for mid-term targets.

โžก๏ธ Aggressive buyers may consider scaling in between $79โ€“$94 with a tight SL.

โžก๏ธ Long-term target remains around $229, $389, and beyond if macro trend continues

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