$LA /USDT BEARS DOMINATE – DOWNTREND PRESSURE INTENSIFIES!
$LA/USDT is showing strong bearish momentum after failing to sustain above the 0.3450 resistance zone. The price recently dropped to $0.3378, testing the short-term support near $0.3298. Moving averages indicate weakness as MA(7) and MA(25) are converging slightly above the current price, suggesting limited bullish support. MACD is also showing bearish crossover signals, confirming the downward trend.
Trade Setup:
Short Entry: $0.3385
Target 1 (TP1): $0.3320
Target 2 (TP2): $0.3290
Stop Loss (SL): $0.3455
Market Outlook:
The market shows strong bearish pressure in the short term. Any corrective rallies are likely to face resistance near $0.3450–$0.3470. Traders should be cautious of sudden spikes but the overall sentiment remains bearish.
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