$LA
USDT BEARISH PULLBACK EXPECTED AFTER SHARP REJECTION FROM HIGH
$LAUSDT has printed a strong impulsive rally followed by a sharp rejection from the recent swing high near the upper resistance zone. The long upper wick and failure to sustain above breakout levels indicate heavy supply and profit-taking pressure.
Despite the recent bullish expansion, price is now showing signs of exhaustion with weakening momentum and inability to hold near highs. This structure suggests a corrective bearish move is likely before any sustainable continuation. A breakdown below the immediate intraday support will confirm short-term trend reversal.
If sellers maintain control below the rejection zone, price may retrace toward previous consolidation and demand levels to rebalance inefficiencies created during the rapid pump.
Targets:
TP1: 0.2400
TP2: 0.2250
TP3: 0.2100
Stop Loss:
SL: 0.2720
Risk Management:
Risk only 1–2% of total capital per trade. Avoid emotional entries after volatility spikes and trail stop loss once TP1 is achieved to protect profits.
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