$LTO /USDT - Consolidating After Spike

Current Price: $0.1592 (+6.49%)

24H High: $0.1717

24H Low: $0.1488

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Key Levels:

Support: $0.1550

Resistance: $0.1640

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Market Overview:

$LTO surged to $0.1717 but retraced and is now consolidating near $0.1590. This could indicate preparation for the next move. A breakout above $0.1640 may signal further upside potential.

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Trading Plan:

For Long Positions:

Entry Zone: $0.1570 - $0.1590

Target 1: $0.1650

Target 2: $0.1700

Stop Loss: $0.1540

For Short Positions:

Entry Zone: $0.1600 - $0.1620

Target 1: $0.1550

Target 2: $0.1500

Stop Loss: $0.1640

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Observation:

The consolidation phase may break either way, so tight stop-loss levels are recommended. Monitor volume and price action for confirmation signals.

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