LA /USDT
– The rebound from the support area, ready to push
The price remains above the 99-period moving average at 0.3417
Recovering the short-term moving averages
$LA USDT has recovered from a drop to 0.3343 and is now trading at 0.3424. The price is stabilizing above the 99-period moving average and has regained both the 7-period moving average (0.3417) and the 25-period moving average (0.3429), indicating an early return of bullish momentum.
A confirmed candle above 0.3430 may lead to movement towards the resistance at 0.3490.
Trade Setup (Long):
Entry: 0.3420 – 0.3435
Target 1 (TP1): 0.3465
Target 2 (TP2): 0.3495
Stop Loss (SL): below 0.3390
If the momentum continues, $LA may witness a quick breakout towards recent high levels.