⚙️ Lagrange $LA Fights to Stabilize After Sharp Decline — Is a Reversal Coming?
LA/USDT is currently in accumulation mode after a steep sell-off from early July. The price is consolidating near $0.34, with the 20 MA and 50 MA acting as resistance on the 1-hour chart.
🔍 Key Observations:
Strong downtrend since launch highs
Currently trading sideways, signaling a possible base-building phase
MA crossovers are close—watch for a potential trend change if bulls step in
🎯 Potential Scenarios:
Break Above $0.35: Could trigger a short-term bounce toward $0.38–$0.40
Failure to Hold $0.34: Might retest the $0.32–$0.30 support zone
⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!