$LA – Bearish Pullback Setup
Price got rejected just under $0.0563 and has printed back-to-back red candles since. Momentum on the recent bounce looks like it's fading, and a slip under the $0.0540 zone could trigger further downside toward prior support levels.
Entry zone:
$0.0542 – $0.0550
Target 1: $0.0535
Target 2: $0.0525
Target 3: $0.0515
Stop-loss: $0.0558
Trade here 👇
Price got rejected just under $0.0563 and has printed back-to-back red candles since. Momentum on the recent bounce looks like it's fading, and a slip under the $0.0540 zone could trigger further downside toward prior support levels.
Entry zone:
$0.0542 – $0.0550
Target 1: $0.0535
Target 2: $0.0525
Target 3: $0.0515
Stop-loss: $0.0558
Trade here 👇