Technical analysis by CryptoSkullSignal about Symbol LTC: Buy recommendation (5/19/2025)

LLTC/USDT Long-Term Breakout Watch:LTC is trading in a wide horizontal range on the weekly timeframe, supported by a gradually rising trendline. This reflects long-term accumulation behavior.🔸 Key Support Zone at $65 :This ascending trendline has held consistently since 2018, confirming a long-term bullish structure with higher lows forming over time.🔸 Upside Target: $350+Upon breakout above the $138 horizontal resistance (blue line), the measured move could target $250–$350 based on historical breakout moves and pattern size.🔸 Risk Level at $65:A weekly close below $65 would invalidate the bullish structure and suggest further downside, potentially retesting previous lows.🔸 Outlook:Accumulate on dips above $85–$90, while respecting the trendline.Watch for a clean breakout and retest of the $138 resistance zone before going full risk-on.