The **LABUSDT** 4-hour chart displays a mature bullish trend currently undergoing a healthy corrective phase. Following a surge to **$5.37**, price has established a **Higher High (HH)** but is now testing the **$4.45 - $4.80** zone for a potential **Higher Low (HL)**.


The price remains decisively above the **MA(99)** (purple), confirming long-term bullish bias. However, it is currently battling the **MA(7)** (yellow) and **MA(25)** (pink). A successful flip of the MA(7) back to support would signal momentum rejuvenation.
**High-Probability Spot Entry:**
Enter at **$4.75 – $4.80**. This level aligns with the current consolidation floor and historical liquidity wicks. The setup relies on the 4H candle closing above the 25-period MA to confirm buy-side absorption.
**Stop Loss:**
**$4.38** (Placed strictly below the 24h low and the MA(25) to invalidate the bullish HL thesis).
TP1: **$5.15**
TP2: **$5.35**
TP3: **$5.80**
Not Financial Advice — Do Your Own Research.
$LAB
#GateSquareMayTradingShare
LAB1.14%
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