$LA
📊 Market Overview
Current Price: ~$0.0170 (down ~10% in 24 hrs, 22% in 7 days) .
24h Range: $0.0161–$0.0200 .
Volume: Very low (~$1,000/day), watch liquidity risk .
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🔍 Technical Analysis
Bearish signals (daily):
Price is below pivot and daily/weekly moving averages (20, 50, 100)
MACD shows bearish divergence — indicating downward pressure .
Short-term bullish tone (hourly/daily):
Investing.com flags a “Strong Buy” for hourly and daily charts .
RSI around 61, MACD neutral, oscillators mixed—short-term may show recovery potential .
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🟢 Trade Setup – Short-Term Recovery (Spot)
Entry Zone: $0.0167–$0.0170 (key support level) .
Stop-Loss: Below $0.0165, ideally around $0.0163 to protect capital.
Take-Profit Targets:
TP1: $0.0185–$0.0190 (next resistance & Fib zone)
TP2: $0.0200–$0.0210 (daily high area)
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🔴 Alternative – Continued Bearish Trend
Breakdown Scenario: If price falls below $0.0167 support, consider short bias:
Short Entry: $0.0165–$0.0167
Targets: $0.0150 → $0.0140
Stop-Loss: Above $0.0172