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LA currently sits at 0.4917, grinding just below that 0.55 ceiling. Check the daily—we're seeing higher lows forming, range getting tighter. You know what that usually means.
If we punch through 0.55 with decent volume backing it? 0.60 comes into play pretty quick, maybe 0.70 after that. That's the setup.
But here's the flip side: rejection at resistance could send us back down to test 0.40 support. Worst case? We're looking at 0.35 if things get messy.