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๐ฅ $LTC ๐ฎ๐ ๐ ๐ฎ๐ธ๐ฒ-๐ผ๐ฟ-๐๐ฟ๐ฒ๐ฎ๐ธ ๐ญ๐ผ๐ป๐ฒ โ ๐ฅ๐ฒ๐ฎ๐ฑ๐ ๐ณ๐ผ๐ฟ ๐ฎ ๐ ๐ฎ๐๐๐ถ๐๐ฒ ๐๐ฟ๐ฒ๐ฎ๐ธ๐ผ๐๐?โผ๏ธ๐
$LTC is testing a crucial support zone after trading inside a long-term symmetrical wedge and a smaller recent downtrend channel. Multiple technical factors converge here:
๐ธ Long-term ascending trendline
๐ธ Horizontal support around $76โ$82
๐ธ Lower boundary of the falling mini-channel
๐ธ Rising wick rejections, signaling buyer interest
This zone has historically acted as a strong accumulation area. If LTC holds this level and breaks above the falling channel, momentum could shift, opening the way toward mid-range and higher resistance levels.
๐ข Key Levels:
๐ธ Support: $76โ$82
๐ธ First bullish trigger: Above $88
๐ธ Major breakout zone: $102โ$120
๐ฉธ Invalidation : A decisive drop below $76 would invalidate the bullish scenario and target deeper levels.
โ LTC is at a critical junction. Holding support + breaking the falling channel can ignite the next upward leg, while failing this zone flips the bias bearish.
Buy : $LTC โ