$LA
After a strong decline from the range of 0.65 – 0.70, LA has created a bottom around 0.25 – 0.28 and is recovering.
The current trend leans towards a slight upward sideways, fluctuating within the range 0.30 – 0.45.
📊 Important support – resistance area
Strong support: 0.28 – 0.30 (if broken, it may easily drop to 0.20).
Short-term resistance: 0.40 – 0.42.
Strong resistance: 0.45 – 0.50 (requires large volume to break).
📈 Technical indicators (based on candle & volume observation)
Recent volume has increased again, signaling money flow participation.
Today's red candle (-7.7%) indicates strong profit-taking pressure around 0.45.
RSI (estimated) is in a neutral zone, not overbought or oversold → still room for volatility.
🧭 Price scenario
Price increase (30%): If LA holds above 0.35 and there is additional volume, it could test the range 0.42 – 0.45 again; breaking this will expand to 0.50 – 0.55.
Sideways (50%): The price continues to fluctuate within the range 0.30 – 0.42 to accumulate further.
Decrease (20%): If it breaks 0.30, the downtrend will resume, with a near target of 0.25 – 0.20.
👉 In summary: LA is in a sideways balance zone, need to monitor price reactions at 0.35 – 0.40. If it holds, there is a chance to go up. If it breaks 0.30, caution is advised due to the risk of a deep drop.
Project @Lagrange Official
