$LA – RECOVERY IN PLAY, BUT RESISTANCE AHEAD
$LA bounced from the 0.3277 low, reclaiming the 0.3500 zone after a strong intraday push. However, price is still below the 0.3536 average level, meaning bulls need more momentum to flip short-term bias fully positive. A break above 0.3560 could open the way to 0.3630 and 0.3680, while failure to hold 0.3460 may lead to a pullback toward 0.3370.
Trade Setup:
Entry: 0.3480 – 0.3520
Target 1: 0.3630
Target 2: 0.3680
Stop Loss: 0.3460