【$LAB Signal】1H high-level oscillation, placing orders and waiting for a pullback

RSI 1H 71.4, MACD bullish histogram narrowing, Bollinger Band upper band at 3.4880 with clear resistance.
Order book depth imbalance -33.66%, sell orders significantly outnumber buy orders.
Funding rate at 0.0697% is relatively high but not extreme.
Current price at 3.4542 has slightly exceeded the suggested entry zone upper limit, risking chasing longs is high, waiting for a pullback into the zone with orders is more prudent.
🎯Direction: Long (placing orders)
⚡Entry/Order: 3.4369
🛑Stop loss: 1.7292
🚀Target 1: 3.6309
🚀Target 2: 4.2648
🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even.
If the price falls back into the entry zone, automatically exit to protect capital.
4H Bollinger Band upper band at 3.4561, short-term space is limited, but after a pullback for accumulation, there is still upward momentum.
Waiting for orders, the risk-reward ratio is average, but during high volatility, it is very easy to trigger.
View real-time market 👇 $LAB
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