LTO is up more than 170% in the last 24 hours!

LTO is up more than 170% in the last 24 hours. Its price is trading at $0.16 when writing this analysis. And it is near a critical resistance in the $0.20 to $0.225. Very high buying pressure has brought the price to this range in less than a week. The last daily candle has reacted negatively to this range, and a price correction was likely. Now it looks like we are witnessing a price correction, and the price has declined to support in the $0.165-$0.175 range. If we see reversal signs from this range, we can expect a retest of the specified resistance. But if the buying pressure is still there, the next target resistance in the $0.30 is considered by breaking, which is more likely to save profit in this resistance.