$LA /USDT BEARISH BREAKDOWN IMMINENT!
The price action on $LA/USDT shows clear signs of weakness, hinting at a potential bearish continuation. With the current price sitting at $0.3436 (-4.66%), buyers are losing control near a key resistance zone. Let’s break it down technically
KEY LEVELS:
Resistance:
$0.3500 (Near-term barrier)
$0.3616 (24h High – Major Resistance)
Support:
$0.3380 (Immediate support)
$0.3338 (24h Low – Key Breakdown Level)
$0.3250 (Next major support if $0.3338 fails)
TRADE SETUP (SHORT):
Entry: $0.3430 - $0.3450 (On pullback or consolidation below $0.3450)
Stop Loss (SL): $0.3510 (Above key resistance)
Take Profit (TP):
TP1: $0.3380
TP2: $0.3338
TP3: $0.3250
TRADE IDEA: Price has rejected from $0.3500 resistance multiple times. If it stays below $0.3450, bears are likely to push toward $0.3338 and lower. Volume weakening confirms lack of bullish momentum.
RISK MANAGEMENT:
Never risk more than 1-2% of your capital per trade. Always stick to your SL — discipline is key!
Stay sharp, trade smart!
#CryptoTrading #TechnicalAnalysis #LAUSDT #BearishSetup #Write2Earn $LA