@Lagrange Official #lagrange $LA

📊 Analysis LA/USDT

On the 4H chart, the asset is trading in an ascending channel 🔼. Support is forming around $0.342–0.345, resistance is around $0.355–0.36. The current correction after the local rise looks like a test of the lower boundary of the channel. If the price holds the support, a return to the upper boundary of the range with a target of $0.37–0.40 💹 is likely. The Parabolic SAR indicators and the Ichimoku cloud currently show a neutral signal, and the market is in an accumulation phase.

⚡ Fundamentals:

Lagrange is a promising Web3 project specializing in Zero-Knowledge Proofs (ZK) 🧩. Its solutions provide scalability, privacy, and verifiability of computations for blockchain applications. The network operates as a ZK Coprocessor, allowing for complex off-chain operations to be executed and confirmed on-chain through ZK proofs. This enhances security and reduces the load on blockchains. An important factor is integration with EigenLayer, which expands opportunities for staking and interaction with DeFi infrastructure 🌐. The token $LA is used for network governance and staking, securing the project's value.

📌 Risks: a break of support at $0.342 will open the way to $0.33.