$LA 🚀 BULLISH MOMENTUM 🚀
Chart Overview
Current Price: ~$0.3560 USDT
24h Volume: ~$2.98 million USDT
Price is consolidating near a key Fibonacci retracement zone, suggesting a potential shift in momentum.
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Fibonacci Levels (Swing Setup)
Assuming a swing low of $0.30 and a swing high of $0.40, the critical retracement levels are:
Fibonacci Level Price (USDT)
38.2% ~$0.332
50.0% ~$0.350
61.8% ~$0.368
LA currently sits near the 50% retracement level, making it a pivotal decision area for traders.
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Trading Strategy
Pullback Long (Conservative Entry)
Entry Zone: $0.332 – $0.350
Stop-Loss: Below $0.320
Targets:
T1: $0.368 (61.8% level)
T2: $0.400 (swing high)
T3: $0.420+ (extension zone)
Strategy Summary
Strategy Type Entry Zone Targets Stop-Loss
Pullback Long $0.332 – $0.350 $0.368 → $0.400 → $0.420+ < $0.320
Breakout Long > $0.400 $0.420 → $0.450+ < $0.350
Rejection Short ~$0.368–$0.400 Back to $0.350 > $0.415
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Confirmation & Risk Tips
Confirm setups with volume, RSI, or MACD for added confidence.
Use 1–2% of capital risk per trade, adjusting position size accordingly.
Fibonacci levels are more effective when combined with chart patterns like candlesticks or trendlines.
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