$LAB Signal | Funding rate deviates significantly, longs should beware of high-level distribution

$LAB Funding rate 0.19%, buy depth -7.36%, sell orders clearly dominate. The 4H Bollinger upper band has been broken, but RSI is at 79.72, momentum is waning. The 1H MACD histogram is starting to shrink, active turnover at high levels.
🎯Direction: Long (pullback orders)
⚡Entry/Order: 4.1954
🛑Stop loss: 1.8446
🚀Target 1: 4.2157
🚀Target 2: 4.2326
🛡️Trade management:
- After placing the order, if the price drops below 4.0, exit immediately and observe. Reduce 50% of the position upon reaching Target 1, move stop loss to entry price. The remaining position aims for Target 2.
Depth logic: Abnormally high funding rates often accompany intense long-short battles. Price oscillates at high levels but buy orders are weak. Short-term further rise requires a large influx of new funds. Current risk-reward ratio is very low, only suitable for short-term inertia trading, so keep positions light.
View real-time market 👇 $LAB
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