[$LA Signal] Correction towards + confirmation of the 1H level on a retest, playing for a rebound to higher levels

$LA The 1H level after yesterday's sharp increase is currently undergoing a healthy correction, with the price returning to the support area formed by EMA20 on the 4H (0.2215) and EMA50 on the 1H (0.2260). Currently, the RSI on the 1H (45.82) has fallen out of the overbought zone, easing selling pressure and creating conditions for the next upward impulse. On the 4H level, after a strong candle, a sideways correction is observed at high levels; the trend is not worsening, and the funding rate — -0.3893% — indicates that shorts are still paying high fees, which creates potential for short squeeze.

🎯Direction: Buy (Long)

🎯Entry/Order: 0.2260 - 0.2280 (Reason: EMA50 support zone on 1H + above EMA20 on 4H)

🛑Stop-loss: 0.2210 (Reason: Breakout of EMA20 on 4H and previous minor support, structure violation)

🚀Target 1: 0.2400 (Reason: Yesterday's high before correction, primary resistance)

🚀Target 2: 0.2500 (Reason: Previous high, key breakout level on the 4H level)

🛡Trade management:

- Recommended position size: small lot (Reason: correction phase underway, support confirmation needed)

- Execution strategy: after entry, if the price successfully bounces to the 0.2350 level (close to EMA20 on 1H), the stop-loss can be moved to the entry price to protect profits. After reaching target 1 — reduce the position by 50%, move the remaining part to breakeven, and raise the stop-loss to 0.2350 to achieve target 2.

Deep analysis: Market depth shows that buyers are concentrated in the 0.2280-0.2290 range (significant depth), sellers are weaker in the 0.2300-0.2310 range, creating a slight imbalance and facilitating an upward breakout. Open positions (OI) remain stable, not decreasing significantly during price drops, indicating that bulls are not panicking and are not exiting positions. Buying volume on the 1H decreases during declines, indicating a reduction in correction volume, and the negative funding rate along with the logic of short protection or short squeeze remains relevant. Importantly — can the price hold support and rise again above the EMA20 on 1H (0.2367)?

Market check 👇 $LA

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