$LA just fired leg 4 and failed it inside two hours.
10:00 UTC broke the $0.0695 ceiling — $0.0662 opened, $0.0733 printed, $0.0729 closed on $1.58M, the heaviest hourly bar of the whole move. 11:00 UTC gave it straight back — $0.0727 opened, $0.0623 low, $0.0626 closed on $1.19M, back under the $0.0656 line. A breakout that lasted exactly one candle.
The fail is partial, not a full give-back — yet. 12:00 UTC closed $0.0632 and 13:00 UTC closed $0.0654, both above the $0.0603 give-back line that held leg 3's bounce. Live $0.0637, +13.5% on the day, $9.38M Binance volume.
The setup underneath is still genuinely micro: rank #771, $22.6M market cap, $40.1M global volume today — nearly 1.8x the entire market cap changing hands in a day. 357M of 1B tokens out, -96.3% off the $1.72 ATH. RSI cooled to 52, price sitting right on the 1h EMA20 ($0.0635), above EMA50 ($0.0607).
No verified fresh catalyst — quote pages and a 3-day-old outlook piece only. Same story as every LA leg so far: pure flow.
Not a call. These small caps wreck accounts on exactly this moment — the breakout candle is the ad, the fail candle is the product.
Levels now: $0.0743 is the leg-4 high — an hourly close above it with volume retries the leg. $0.0656 is the line to reclaim. An hourly close below $0.0603 and the unwind has legs, toward the $0.057 shelf and the $0.0543 base.
Leg 4 fired, then failed — does $0.0656 get reclaimed, or does $0.0603 give way first?