🚨 $LA – Showing Early Signs of Reversal
Current Price: $0.4266 (+1.77%)
— Price is consolidating after a deep downtrend, now forming a rounded base at a demand zone.
— Currently testing descending trendline resistance near $0.4297 – breakout incoming?
— Market Structure:
• Strong base formed around $0.4000–$0.4200
• Higher lows building up
• Needs a clean break above $0.4300 to confirm reversal
— Trade Plan:
• Entry on trendline break + retest
• SL below $0.4050
• TP1: $0.4500
• TP2: $0.4800
Breakout from this zone could trigger a sharp relief move. Eyes on volume confirmation.
