#LAUSDT :Bearish Mind????
🔻 LA/USDT Bearish Outlook – July 2025
LA recently saw a sharp bounce off the $0.50 support, but resistance around $0.70 remains strong. Despite a short-term recovery, the overall trend is still bearish.
📉 Key Observations:
Rejected at ~$0.70 zone (resistance).
Current price hovering near $0.58.
Strong support at $0.50, but if broken, could lead to deeper correction.
No clear bullish momentum yet — cautious traders watching for a retest of lows.
📊 Technicals suggest we’re in a bearish channel, with potent
ial downside unless bulls reclaim the $0.70+ level.
👉 Strategy: Monitor closely. A breakdown below $0.50 could trigger further sell-offs. Use proper risk management.