📊 Market Update | LA/USDC
Current Situation
• Price: $0.4924 (≈ 0.81 BGN)
• Change for the day: +33.37% 🚀
• 24h range: $0.3581 → $0.7731
• 24h volume: ~1.9M LA (~1.07M USDC)
• MA(7): 0.3962 | MA(25): 0.3771 | MA(99): 0.3666
📈 What the Chart Shows
• Sharp vertical jump (pump) from ~$0.36 to ~$0.77 over hours.
• Currently, correction and stabilization around ~$0.49.
• Volume has exploded – over 1.8M LA just for the last candles.
🧐 Interpretation
1. Classic Pump & Dump model – pump from whales or coordinated groups.
2. MA lines are far below the current price → the market is overbought.
3. The risk is high – late entry may incur losses.
4. Technical levels:
• Resistance: $0.77 (peak from the pump)
• Support: $0.42–$0.36
⚠️ Conclusion
• If you are already in → consider partial closure/profit.
• If you haven't entered → better wait to see if there will be a base around $0.42–$0.45.
• Suitable for speculative trading, not for long-term HODL.