LA is testing the 22,400 resistance and the price is slipping into a bearish zone as sellers dominate the order flow. Momentum is fading and the next move looks down.
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$LA SHORT ๐ โ Trade Plan
โข Entry: $0.068332 โ $0.068468
โข Stop: $0.070452 (-3.0%)
โข Target 1: $0.067374 (+1.5%)
โข Target 2: $0.064980 (+5.0%)
โข R/R 1:1.7 | Confidence 64%
The market structure broke lower high (CHoCH) right at 22,350, and the CVD turned negative confirming sell pressure. An order block sits just above the break, overlapping a fairโvalue gap that acted as a liquidity sweep, creating a strong POI. With these confluences the short bias feels solid.
A 3.0% stop loss is relatively tight, so using 5โ6x leverage keeps the max exposure under 15โ18% of the account.
Take half the position off at the first target around 21,900 to lock in early gains.
Not financial advice โ trade only what you can afford to lose ๐
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