$LA Calm Before the Storm? Tight Range Signals Impending Move
LA/USDT has been trading in a tight sideways channel between $0.3220 and $0.3245. Volume remains low, but such compression often precedes a sharp breakout or breakdown. With a recent bounce off the lower range, bulls may be eyeing a breakout, but warning signs linger.
Key Levels to Watch:
• Resistance: $0.3245 – A breakout above this could trigger a short-term rally.
• Support: $0.3220 – Losing this level may invite sellers to push lower.
Trade Setup – Range Bound but Ready:
• Bullish Entry: Break and hold above $0.3245
• Target 1: $0.3280
• Target 2: $0.3330
• Bearish Entry: Close below $0.3220 with rising sell volume
• Target 1: $0.3170
• Target 2: $0.3120
Caution: A recent on-chain warning highlights high token unlock activity and exchange transfers, increasing volatility risk. Traders should proceed with caution and tight stop-losses.
