$LA Strong Uptrend, extreme overbought

Price trading above all major moving averages indicates sustained bullish momentum, though extreme deviation from MA5 suggests potential near-term consolidation.

Recent candles show declining volume, suggesting weakening momentum at current levels.

Capital Flow:

Short-term contract outflows (-319K in 5m) hint at profit-taking near highs.

Entry $LA : Long (Wait for pullback) or Consider Short-term hedge

• Long entry: 0.235-0.245 (near MA5 and previous resistance turn support)

• Aggressive short-term short: Above 0.285 for mean reversion play

Stop-Loss:

• Long positions: ~0.227 for 0.235 entry

• Short positions: ~0.293 for 0.285 entry

Target Prices: $LA

• Long: 0.310

• Short: 0.210

Click start trade here:

LABSC
LAUSDT
0.2248
-5.78%

#la