$LA Breakout or Pullback in Play?
LA is currently trading at $0.3584, rebounding strongly after defending the $0.3400 zone. Buyers stepped in with a notable volume spike, but price is now testing a resistance area where the next move will confirm direction.
Key Levels to Watch
• Resistance: $0.3640 – A breakout above could push LA toward $0.3720 and $0.3800.
• Support: $0.3450 – A breakdown below may send price back toward $0.3400 and $0.3360.
Trade Setup – Get Ready for Volatility
• Bullish Entry: A confirmed move above $0.3640 could target:
• Tip 1: $0.3720
• Tip 2: $0.3800
• Bearish Entry: A break below $0.3450 could target:
• Tip 1: $0.3400
• Tip 2: $0.3360
Momentum has returned after the bounce, but the real test is whether bulls can sustain above $0.3640. A breakout there could unlock another leg higher.