8.25 Monday Market Overview: LA is unable to move under the pressure of the trend line #lagrange

$LA has been under the descending trend line within a descending triangle, with effective support below at 0.3341, resistance above at 0.3411 and trend line resonance resistance at 0.3477; Affected by the overall market, altcoins are also in a correction phase. The rise of Bitcoin is weak, while market liquidity has been continuously seized by ETH, so altcoins are temporarily lifeless, all liquidity being taken by Ethereum.

If 0.3411 breaks and stabilizes for a second confirmation, a long position can be followed with a stop at 0.3364 and a target of 0.3477; Conversely, a high short position can be set at the resonance point of 0.3477, with a stop at 0.3522 and targets at 0.3407 and 0.3364@Lagrange Official

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