LTC , Retesting Major Support With a Potential Breakout Setup

LTC is trading inside a long-term symmetrical wedge while also forming a smaller falling channel in the recent down-move. Price has reached a critical area where multiple technical factors overlap:

• A long-term ascending support trendline
• Horizontal support between $76–$82
• The lower boundary of the falling mini-channel
• Increasing wick rejections showing buyer interest

This zone has acted as a strong accumulation region multiple times in the past.

If LTC holds this support and breaks above the falling channel, it could trigger a shift in momentum and open the path toward the mid-range and upper resistance levels.

Key levels to watch:
• Support: $76 – $82
• First reclaim trigger: Break above $88
• Major breakout zone: $102 – $120

Invalidation:
A clean breakdown below $76 would invalidate the bullish setup and expose deeper levels.

Summary:
LTC is at a high-interest zone. Holding this support + breaking the falling channel can start the next upward leg. Losing the zone flips the structure bearish.