$LA Strong Rebound from Support: Will Bulls Break Resistance or Lose Momentum?
LA is trading at $0.3520, bouncing sharply from recent lows as buying pressure returns. Price is now approaching a key resistance level, and the next breakout or rejection could define the short-term trend.
Key Levels to Watch
• Resistance: $0.3550 – A breakout above this could push LA toward $0.3600 and $0.3650.
• Support: $0.3470 – A breakdown below this could send LA toward $0.3420 and $0.3350.
Trade Setup – Get Ready for Momentum Shift
• Bullish Entry: A confirmed close above $0.3550 could target:
• $0.3600
• $0.3650
• Bearish Entry: A drop below $0.3470 could target:
• $0.3420
• $0.3350
Market Insight:
The recent surge in volume suggests active buyers are stepping in, but overhead resistance remains a critical barrier to further gains.