In the past 24 hours, @Lagrange Official ($LA ) recorded a slight recovery, fluctuating around 0.36 – 0.38 USD. Trading volume remains high, above 50 million USD, indicating that capital has not exited the market. This is a positive signal, especially after a strong correction period at the beginning of the week.
Technically, the 0.35 USD range is acting as an important support. In recent sessions, whenever the price drops around this mark, buying pressure appears and pushes LA back up. This shows that short-term investors still have confidence and are willing to participate at low price levels. Conversely, the 0.40 – 0.42 USD mark is viewed as a short-term resistance area. If in the next session, $LA can break through this area with a spike in trading volume, the uptrend will be reinforced, opening up the possibility of targeting 0.45 USD or higher.
However, it should be noted that LA's volatility range in the past week has been very large, with some sessions increasing or decreasing by over 10%. This means high risk for short-term investors, especially if the broader market, such as Bitcoin or Ethereum, unexpectedly corrects. In a negative scenario, if LA cannot hold above 0.35 USD, the price may return to test the 0.33 – 0.34 USD range.
In summary, tomorrow, the likelihood of LA continuing to rise is present, as long as it maintains the important support of 0.35 USD and there is additional strong buying force. Wave-trading investors may consider observing the reaction around the 0.40 USD area to determine a reasonable entry point.
@Lagrange Official #lagrange #la
