LTO - Shift in Momentun in Action!

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📚 LTO is a perfect practical example of a momentum shift in action.

It’s clear that the bears are losing steam — the impulse moves marked in red are becoming flatter and smaller, forming a wedge pattern.

Moreover, LTO just tapped into a key weekly support zone near the $0.03 round number, making it a prime area to look for potential long setups.📈

🚀For the bulls to confirm this momentum shift in their favor and aim for the $0.05 round number as the first target 🎯, a break above the last major high marked in green at $0.0345 is essential ✅.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich