$LA 🏋️
$LA surging with 33.6x buy volume spike, can it sustain?
- Given the magnitude of the volume spike, the liquidity grab followed by a violent bounce, and all bullish indicator signals, I expect LAUSDT to push higher in the short term as long as it stays above 0.0616 🚀
- My base case: Price stabilizes above 0.0616, consolidates, and then attacks 0.0628 and 0.0646
- If price fails to hold 0.0616 and closes below 0.0608, bias shifts to neutral and I would not look for longs — that would be a sign of a failed breakout or engineered stop hunt
- Example trade: Wait for bullish confirmation above 0.0616, enter long, scale out at 0.0628, 0.0646, and 0.0656, and keep your stop below the most recent swing low
- If you see price sweep above 0.0628 and strongly reject, that could signal smart money taking profit, so observe price action closely at these levels
📝 This is not investment advice, only an educational report. Always wait for confirmation and manage your risk carefully!
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#LA