【$LAB Signal】Pullback to go long: Buy order depth support, waiting for a pullback to place orders

Buy order depth ratio is 1.98, with significantly higher buy-side density below than sell-side. The 1H MACD histogram has turned negative but the price has not dropped sharply, indicating a potential bullish divergence. The 4H Bollinger Band upper band at 5.12 is acting as resistance, current price at 4.58 is only 10% below the upper band, and the bulls and bears are in intense competition.

🎯 Direction: Long (place order)

⚡ Entry/Order: 4.20 (taken from suggested range)

🛑 Stop loss: 2.2449

🚀 Target 1: 5.2328

🚀 Target 2: 6.2287

🛡️ Trading management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back to the entry level, automatically exit to protect capital.

Depth logic: Funding rate is moderate at 0.0367%, with no large influx of shorts. The 1H MACD shows a death cross but selling pressure is quickly absorbed, and the 4H bullish trend remains intact. The order at 4.20 is closer to the 1H EMA50 (3.50) and the Fibonacci retracement 0.382 level, making the risk-reward ratio reasonable.

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