$LA is posting a strong recovery today with an 8.03 percent gain in the last 24 hours, showing its first meaningful bounce after several sessions of steady downside. The move comes right as price was stabilizing near the lower end of its recent range, where multiple sell attempts failed to break through.
Across broader windows, the token is still under pressure: minus 16.03 percent over 7 days, minus 7.88 percent over 14 days, and minus 9.96 percent across 30 days. These declines highlight how $LA has been repriced through the current consolidation phase. When longer timeframes sit in deep red while the daily frame turns sharply green, it often marks early accumulation from participants buying the dip at structural supports.
The chart shows the 0.36–0.38 region acting as a strong support floor. Sellers pushed this zone repeatedly, but volatility flattened instead of extending into new lows. This type of sideways absorption typically signals exhaustion on the sell side. Today’s clean push toward 0.39 confirms renewed buying interest and a potential shift in short-term sentiment.
Structurally, the move is supported by a clear pattern of higher lows forming off the bottom and a reclaim of micro-resistance near 0.385. This controlled upward structure indicates buyers stepping in with clearer conviction rather than a simple reactionary bounce.
My view: $LA is entering a potential stabilization phase after multiple weeks of mild but persistent decline. The strong 24-hour performance shows downside momentum is fading, and if the token can maintain support above the reclaimed range while forming a stronger higher-low structure, a broader recovery may take shape. Long-term structure is still cautious, but short-term outlook is improving.
$LA
@EdgenTech