$LA Dumps 13% â Bounce Incoming or More Pain? đ
$LA saw a sharp sell-off from $0.1581 to $0.1314, now hovering near $0.1370. Strong bearish momentum dominated, but a small hammer near support hints at possible short-term relief. Volume spike suggests panic selling, now cooling off.
Trade Setup:
Entry: 0.1365â0.1375
SL: 0.1310
TP1: 0.1418
TP2: 0.1477
Break below 0.1314 = further downside. Reclaim 0.1418 = bullish recovery signal.
DYOR. Manage risk.