$LAVA is showing strong bullish momentum, gaining 2.5% to trade at around $0.1424, fueled by a remarkable 72% surge in 24-hour trading volume. Technical indicators reinforce this positive trend, with a bullish MACD crossover and a strong RSI of 62 signaling increasing buying pressure. Over the last hour, a massive $7.4 million in taker buy volume highlights immediate demand, while ongoing community campaigns—including a $2M Arbitrum trading competition and a LAVA airdrop for eligible Binance Alpha users—are driving engagement and trading activity.

From a technical standpoint, $LAVA is trading above short-term EMAs, with resistance near the 99-period EMA at $0.146 and support around $0.14, making these key levels for traders to watch. While post-listing sentiment remains mixed and thin liquidity could amplify volatility, the current high volume and bullish indicators suggest potential for short-term upside. Sustaining momentum above $0.14 could lay the groundwork for a move toward $0.16, though long-term prospects will depend on project fundamentals and careful monitoring of contract risks.

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LAVA

Alpha

0.14758

+5.15%