$LA /USDT – 1H Chart Analysis
Price: $0.3656
Trend: The market has staged a strong bullish breakout, reversing a multi-day downtrend.
Key Resistance Levels (Upside Targets):
1. $0.3730 – $0.3750 → Immediate resistance at the recent local high.
2. $0.3800 – $0.3840 → Breakout target if upward momentum sustains.
3. $0.3920 – $0.3950 → Significant resistance zone based on July price action.
4. $0.4050 – $0.4100 → Extended bullish objective if buying volume expands.
Key Support Levels:
$0.3600 → Nearest intraday pullback zone.
$0.3500 – $0.3520 → Former resistance now acting as support.
$0.3400 → Notable swing low area.
$0.3200 – $0.3220 → MA99 and long-term structural support.
Market Outlook:
The current bullish momentum is backed by strong candle formations and increased trading volume, indicating active participation from momentum buyers. With price trading well above all major moving averages, the overall bias remains bullish. A decisive close above $0.3750 could open the path toward $0.3920 and beyond. Conversely, a failure to hold $0.3600 may trigger a deeper retracement toward the $0.3500 support zone.
