$LA bearish bias—get ready to watch for a pullback.



Currently, the 1-hour timeframe has just hit MA25 resistance, and the 15-minute RSI is already severely overbought; this level may be where a correction starts. You can watch the 0.05434 to 0.0557 range. For downside targets, first look at 0.05286, then continue lower to 0.05113. If a rebound breaks above 0.05737, you’ll need to be alert to invalidation risk.

But also stay cautious: if the 15-minute momentum holds above 0.05450, there may be an upside breakout. Don’t go all-in. Keep your position sizing under control and pay attention to the risks.

Also, $SNDK and $MIRA can be watched together—they’re both waiting for a wave of downside.
LA-2.86%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned