$LA Reversal In Progress or Fakeout? Eyes on $0.39
LA has rebounded with strength after hitting the $0.36 low. Volume is rising, and price is now testing a minor resistance band. This zone could either trigger a bullish breakout or another rejection.
Key Levels to Watch
Resistance: $0.3900 – $0.3950
A clear breakout above this could send LA toward $0.4100 and $0.4190 (24H High)
Support: $0.3800 – $0.3860
A drop below this support band may invite pressure toward $0.3650 and $0.3590
Trade Setup – Expect Increased Volatility
Bullish Entry: Break and close above $0.3950
Target 1: $0.4100
Target 2: $0.4190
Stop Loss: Below $0.3800
Bearish Entry: Breakdown below $0.3800
Target 1: $0.3650
Target 2: $0.3590
Stop Loss: Above $0.3920
Price structure is tightening while volume expands — confirmation will lead the next leg.