$LA Breakout Brewing or Fake Stability? Watch This Level Closely!
LA is up over 13% today, attempting to stabilize near $0.453 after a deep drop. But resistance is stacking just overhead. Bulls must break higher, or the move may fade fast.
Key Technical Zones
• Immediate Resistance: $0.4570 – $0.4600
A breakout here can shift the structure bullish again.
• Crucial Support: $0.4480 – $0.4450
Losing this zone could trigger another leg down toward $0.4300.
Bullish Setup
• Entry Trigger: Break & close above $0.4600
• Target 1: $0.4750
• Target 2: $0.4880
• Stop Loss: Below $0.4450
Bearish Setup
• Entry Trigger: Break below $0.4450
• Target 1: $0.4300
• Target 2: $0.4150
• Stop Loss: Above $0.4600
Bulls Climbing a Wall of Sellers – Will They Flip It?
The chart is compressing under resistance. Volume is picking up. Expect a strong move soon – be patient and let price lead.