$LAB Signal】Wait and see to re-enter long positions on pullbacks, high funding rate + extremely skewed bearish depth require caution


$LAB 1H MACD death cross expanding, RSI 60 drops below the midline, deep imbalance -92% sell order accumulation. 4H bullish trend intact but momentum waning. Funding rate at 0.17% is extremely high, short squeeze conditions exist but need to wait for price to absorb sell orders.

🎯Direction: Wait and see (re-enter long on pullbacks)

⚡Entry/Order: 2.023 - 2.684 (recommended range)

🛑Stop loss: 1.527

🚀Target 1: 3.016

🚀Target 2: 3.512

🛡️Trade management:
- Execution strategy: Place order at the lower boundary of the range at 2.023 for entry, if the price breaks directly above 2.684, cancel and wait. Upon reaching Target 1, reduce position by 50%, move stop loss up to the entry point.

Current price at 2.697 is close to the upper boundary of the order range, chasing longs directly offers poor risk-reward. From the 4H perspective, the upper Bollinger Band around 3.0 faces resistance, making short-term oscillation more likely. If the price pulls back to the 2.0-2.2 zone, the active buying interest below needs to be reassessed.

Check real-time market 👇 $LAB
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