$LA /USDT BEARS TIGHTEN GRIP – CRUCIAL 0.3500 SUPPORT IN FOCUS
LA is trading at $0.3526, holding just above the key $0.3500 support while staying under both the 7 MA and 25 MA on the 1H chart. The failed attempt to reclaim $0.3600 suggests sellers remain in control, and a clean break below $0.3500 could trigger a sharper drop toward recent lows.
Trade Setup (Short-Term Short):
Entry: $0.3510 – $0.3540
Take Profits: $0.3450 / $0.3400 / $0.3350
Stop Loss: $0.3590
Market Outlook:
Short-term momentum favors the bears as price trades below key moving averages. Unless bulls step in with strong buying pressure above $0.3600, the bias will remain bearish with potential for further downside.
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