$LA /USDT BEARISH PRESSURE BUILDING – SHORT-TERM DOWNSIDE LIKELY
Price action on LA/USDT is showing rejection from recent highs near 0.4037, with sellers stepping in aggressively. The repeated lower highs on the 15m chart indicate fading bullish momentum, while the downside wick tests near 0.3711 show vulnerability to another drop if selling volume spikes.
Trade Setup (Short)
Entry Zone: 0.3780 – 0.3820
Take Profit 1: 0.3720
Take Profit 2: 0.3660
Stop Loss: 0.3850
Market Outlook:
With 40M unlocked tokens recently moved to exchanges, volatility risk is elevated. Short-term sentiment leans bearish unless the price reclaims and holds above 0.3850 with strong volume. Any bounce may face quick rejection, making this a favorable zone for tactical shorts.