$LA /USDT – SHARP REVERSAL AFTER LOCAL TOP
$LA spiked aggressively to 0.4681, but heavy selling pressure immediately followed, dragging price back down toward 0.3959 before stabilizing around 0.4002. This strong rejection signals a potential short-term bearish correction as bulls lost momentum at the top.
Trade Setup (Short Opportunity):
Entry Zone: 0.4020 – 0.4120
Take Profit 1: 0.3850
Take Profit 2: 0.3650
Stop Loss: 0.4260
Market Outlook:
Momentum has shifted bearish after the parabolic rally. If price holds below 0.4200, sellers are likely to target the 0.3650–0.3850 support zone. Bulls need a strong reclaim above 0.4260 to regain control and attempt another push toward the highs.