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Technical analysis by Zorroreny about Symbol LTO: Buy recommendation (7/8/2025)

https://sahmeto.com/message/3619653
Zorroreny
Zorroreny
Rank: 4496
1.7

LTO - capitulation dump before strong push up?

:Buy
Price at Publish Time:
$0.0053117
Buy،Technical،Zorroreny

LTO lost support at 0.05$ and did massive dump. This looks now like completed impulse to downside with significant capitulation dip. We are oversold and when looking similar structure on lower timeframes we see that bounce up was usually very strong (push to fibb 0.786-0.886 range) so I am expecting similar action also now - bounce and strong push to test 0.25-0.50$ range.

Source Message: TradingView
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