$LAB 【Signal】Overbought area—build longs with pending orders; after the 1H breakout, funds are propping up the price

$LAB RSI rockets to 87, and the 1H Bollinger upper band at 1.46 has already been broken through. The deep Bid/Ask ratio is 1.13—buy-side pressure is still holding up the price. Funding rate is 0.17%; longs are crowded, and with short-term high volatility it’s hard to chase, but the opportunity window hasn’t closed yet.
🎯 Direction: Long (pending orders)
⚡ Entry/Pending order: 1.4703
🛑 Stop loss: 0.7618
🚀 Target 1: 1.4782
🚀 Target 2: 1.4841
🛡️ Trade management: When price reaches Target 1, reduce the position by 50% and move the stop loss up to breakeven; if price breaks below 1.4703, exit immediately.
The risk-to-reward is high, but the volatility is intense—under this kind of structure, a wider stop loss actually gives enough buffer, betting that the momentum won’t fade.
View real-time market 👇 $LAB
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