Los Angeles stock ($LA ) is currently trading near the level of 0.3126, maintaining a strong upward trend on the one-hour timeframe, following a successful rebound from a major support area that reinforced buyers' control.
Continuing to trade above the current support areas supports the positive scenario, with an extension of the upward movement towards higher levels likely in the near term.
Trade setup (Buy):
Entry area: 0.3050 – 0.3150
First target: 0.3250
Second target: 0.3400
Third target: 0.3600
Momentum is still in favor of the rise as long as the price maintains stability above the mentioned entry range.
LAUSDT
Perp
0.2946
-0.03%