$LA at Make-or-Break Level – Breakout or Breakdown Ahead?
The LA/USDT pair is hovering around $0.4247, showing signs of tight consolidation on the 15-min chart. After facing a sharp intraday drop of 7.49%, bulls are trying to regain control. Price is compressing near a key structure, setting the stage for a decisive move soon.
Key Technical Zones:
• Resistance Zone: $0.4300 – $0.4320
A clean breakout above this zone could trigger a sharp bullish push.
• Support Zone: $0.4200 – $0.4230
If price loses this support, we may see a quick slide toward the next demand zone.
Trade Setup:
Bullish Entry: If LA breaks and holds above $0.4320
• TP1: $0.4380
• TP2: $0.4440
• TP3: $0.4500
• Stop-loss: Below $0.4210
Bearish Entry: If LA breaks down below $0.4200
• TP1: $0.4150
• TP2: $0.4100
• TP3: $0.4050
• Stop-loss: Above $0.4305
Watch for a breakout candle with volume to confirm direction. This zone is packed with liquidity and could fuel a volatile move either way. Stay alert!