LA remains structurally weak despite a minor bounce. Price is capped below MA30, and rallies are being sold into. The move from 0.3046 was reactive, not impulsive — indicating distribution, not accumulation.
Volume does not support upside continuation yet. This is still a sell-rally market unless structure flips. Key Levels Support: 0.3045 Resistance: 0.3130 → 0.3160 Bias Below 0.304 = continuation downside Above 0.316 needed for trend shift
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LA remains structurally weak despite a minor bounce. Price is capped below MA30, and rallies are being sold into. The move from 0.3046 was reactive, not impulsive — indicating distribution, not accumulation.
Volume does not support upside continuation yet. This is still a sell-rally market unless structure flips.
Key Levels
Support: 0.3045
Resistance: 0.3130 → 0.3160
Bias
Below 0.304 = continuation downside
Above 0.316 needed for trend shift
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