$LA Will Support Hold or More Pain Ahead?
LA is trading at $0.3120 after dropping nearly 5% today. The chart shows a clear breakdown from key intraday support levels, with high-volume selling pressure. A weak bounce attempt was quickly rejected, and price is testing the $0.3100 zone. Market sentiment remains cautious amid on-chain unlock activity.
Key Levels to Watch
Resistance: $0.3200 – A recovery above this level could pave the way for a move toward $0.3300
Support: $0.3100 – A break below this level could expose downside targets at $0.2950 and $0.2800
Trade Setup – Volatility Risk is High
Bullish Entry:
Break and reclaim of $0.3200
Target 1: $0.3250
Target 2: $0.3300
Bearish Entry:
Break and close below $0.3100
Target 1: $0.2950
Target 2: $0.2800
On-chain warnings and token unlocks are increasing sell pressure. Exercise caution and wait for confirmation before entries. Sharp moves likely in either direction.