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【$LAB Signal】Bullish trend continuation, waiting for a pullback to add long positions
$LAB 4H MACD bullish bars continue to expand, EMA20/50 in a bullish alignment, price moving along the upper Bollinger Band.
1H level pullback to EMA20 supported, buying interest densely absorbed in the 2.61-2.65 range, deep imbalance -12% but funding rate at 0.0968% is relatively high, short squeeze easily triggered.
Current price 2.8066 has moved out of the suggested entry zone, with a moderate cost-performance ratio, placing orders quietly is more reliable.
🎯Direction: Go long (place order)
⚡Entry/Order: 2.5806-2.6100 (1H EMA20 support zone)
🛑Stop loss: 1.5782
🚀Target 1: 3.1478
🚀Target 2: 3.6711
🛡️Trade management:
- Execution strategy: Place orders in the 2.58-2.61 range, hold position if triggered.
- Reduce 50% at Target 1, move stop loss up to the entry price.
- If price strongly breaks above the previous high of 2.88, chase long positions, set stop loss at 2.78.
Depth logic: 4H trend is clearly upward, 1H pullback has not broken key moving averages, funding rate is relatively high, suppressing shorts. Once the price dips and absorbs, short covering will accelerate the rally.
Current risk-reward ratio is about 1:5, worth a shot.
Check real-time market 👇 $LAB
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