【$LAB Signal】1H Massive spike then pullback, short-term oscillation leaning bullish


$LAB RSI 1H 68.5, MACD histogram slightly narrows, 4H Bollinger upper band 6.1258 has been broken. The volume of the 1H bearish candle at 15:00 was 19.24 million, quickly absorbed by buying and pushed back above 6.4, indicating strong support. Funding rate is 0.0237%, relatively low, with no short squeeze risk. Current long/short ratio data is missing, but the order book imbalance of -16.27% shows sellers are slightly thicker; caution is advised when chasing higher. Personally, I prefer waiting for the price to retest the 6.0-6.1 zone before taking action, as the risk-reward ratio is more favorable.
🎯Direction: Long (buy on pullback)
⚡Entry/Order: 6.1000
🛑Stop Loss: 4.2853
🚀Target 1: 6.8665
🚀Target 2: 7.7269
🛡️Trade Management: - Reduce 50% at Target 1, move stop loss up to 6.1 to break even. If price falls below entry price, exit proactively.
View real-time market 👇 $LAB
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