🚨 Everyone needs to check the note on this $LA ‌ chart. What are they hiding?

Okay, ignoring the price action for a sec, that risk warning about 40 million tokens being unlocked is massive. That's a huge supply increase that could lead to volatility. Heads up, people.
Now, on the chart: it had a monster run-up from $0.377 to almost $0.59. Huge.
It's been consolidating nicely since then, but that consolidation is right under the high, sitting in the $0.52 to $0.55 zone. That's a strong battleground.
If the buyers manage to push this through $0.55 and get a good 1-hour close, we might see another leg up towards $0.60.
But if that recent token unlock news starts to kick in, and it breaks the support around $0.507, this could quickly turn into a distribution and a heavy retrace. Trade this with caution and small size.
Is the unlock risk priced in yet, or is the drop coming?

#la #XRPSpotETFs