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【$LAB Signal】1H strong breakout followed by high-level consolidation, pullback to continue trend betting
$LAB 4H Bollinger upper band 3.2575, price closely following, RSI 1H 70.06, buying pressure weakened after volume spike bullish candle at 07:00. Market depth sell orders account for 29.78%, funding rate 0.144% relatively high, OI stable. Bull-bear game intensifies, after short-term pullback demand is released, the secondary high support structure still exists.
🎯Direction: Long (pullback pending orders)
⚡Entry/Order: 3.1612
🛑Stop loss: 1.6518
🚀Target 1: 3.3866
🚀Target 2: 3.9648
🛡️Trade management:
- Reduce 50% of position at Target 1, move stop loss to entry price. If price falls below 3.1612, exit immediately.
Objectively speaking, chasing longs at high levels has a risk-reward ratio hindered by stop loss distance, but trend momentum and funding rate potential for short squeeze coexist, execute low buy orders.
View real-time market 👇 $LAB
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