LTO price eyes rebound as deviation trap forms at key support zone
The post LTO price eyes rebound as deviation trap forms at key support zone appeared on BitcoinEthereumNews.com.
LTO is currently testing a critical support zone at the range low, where a successful reclaim could trigger a strong volatility expansion. As a low market cap coin, price movement tends to be explosive within this established range. Summary LTO is testing range low support after completing a full rotation from range high. A reclaim of this level would confirm a deviation trap and trigger upside momentum. As a low-cap coin, LTO has high breakout potential once support is structurally reclaimed. Over the past few months, LTO Network (LTO) has traded within a well-defined horizontal range, rotating between the range low and range high. The current price action has completed a full rotation back to the range low after previously rejecting from the range high. This area now represents a high-probability trade location, particularly if price can reclaim the range low with strength. Key technical points: Range-Bound Structure: Price has repeatedly rotated between range low and range high. Deviation Zone in Play: A reclaim of the range low would confirm a deviation and trap scenario. High Volatility Setup: As a low-cap coin, LTO offers strong upside potential from range support. LTOUSDT (12D) Chart, Source: TradingView From a technical perspective, LTO is trading in a deviation-found auction region. This setup typically offers high-reward opportunities once price confirms re-acceptance into the range. For this to occur, price must close above the range low with consistency, ideally with two or more daily candles holding above that level. If confirmed, the setup suggests a return to the range high with strong potential gains due to LTO’s low liquidity and market cap. Previous price behavior supports this view. Past interactions with the range low have led to swift rallies back to the top of the range once structural reclaim signals were confirmed. The recent rejection…
