$LA FACING REJECTION ... BEARS TRYING TO TAKE CONTROL?
Price: $0.0609 | Down 6.16%
Short Setup Entry: 0.0615 – 0.0630
TP1: 0.0590
TP2: 0.0570
Final Target: 0.0550
SL: 0.0645
$LA
was rejected from the $0.0743 high and is now trading below the 7-period moving average at $0.0614. Selling pressure is building after the strong rally.
As long as $0.0615 – $0.0630 acts as resistance, further downside toward $0.0590 and $0.0570 is possible.
Bulls need to reclaim $0.0630 to regain momentum. A breakdown below $0.0584 could trigger another leg down.
Short-term bias: Bearish below resistance.
Trade with a plan. Manage your risk.
Opinions only — not financial advice or a buy/sell recommendation. Crypto is highly risky; DYOR. You are solely responsible for your decisions.#EarningsSeason #SouthKoreaPlansToRegulateStablecoinsUnderFXLaw
Price: $0.0609 | Down 6.16%
Short Setup Entry: 0.0615 – 0.0630
TP1: 0.0590
TP2: 0.0570
Final Target: 0.0550
SL: 0.0645
$LA
was rejected from the $0.0743 high and is now trading below the 7-period moving average at $0.0614. Selling pressure is building after the strong rally.
As long as $0.0615 – $0.0630 acts as resistance, further downside toward $0.0590 and $0.0570 is possible.
Bulls need to reclaim $0.0630 to regain momentum. A breakdown below $0.0584 could trigger another leg down.
Short-term bias: Bearish below resistance.
Trade with a plan. Manage your risk.
Opinions only — not financial advice or a buy/sell recommendation. Crypto is highly risky; DYOR. You are solely responsible for your decisions.#EarningsSeason #SouthKoreaPlansToRegulateStablecoinsUnderFXLaw