strong buy
LAUSDT Short Position Expected to Continue Downtrend
The active LA, after a significant rally, has begun to retrace. A clear support zone has formed over multiple attempts, accumulating liquidity behind it. The bearish pattern suggests that sellers currently have short-term control, potentially indicating a further decline. The anticipated scenario involves consolidation near the level with active sell orders in the order book, possibly leading to a momentum breakout. The target levels for closing the position are 1.390, 1.381, 1.371, and 1.362.
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AI Analysis
The current price action of LAUSDT shows a retracement after a substantial upward movement, indicating a correction phase. The support zone formed over multiple attempts acts as a liquidity accumulati...
AI Recommendation
Given the current technical setup, it would be prudent to enter a short position with a stop loss just above the recent highs at $1.446 to limit potential losses. The entry point should be near the su...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
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