🔥 $LA Under Pressure: Critical Levels Ahead! 📉

The chart isn't looking too pretty, fam. After a rough couple of days with significant downward moves for this digital asset, we're now testing some crucial support zones. Bears have been feasting, but will bulls step in?

📊 Trading Outlook:

➡️ Long Play: Looking for a potential relief bounce. A cautious long (spot or very low leverage) could be an option if we see a decisive reclaim of 1.10 and hold, targeting the 1.15-1.18 zone. Watch for volume confirmation!

➡️ Short Play: If the current support around 1.05 crumbles under selling pressure, a short (consider leverage carefully) might be in play, eyeing a drop towards the psychological 1.00 mark or even lower.

Stay frosty and manage your risk!

NFA/DYOR.

#LA #BearishTrend #CryptoTrading