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Everyone is shorting $LAB /USDT — but the 4-hour candlestick chart just flashed a 95% bullish signal.
$LAB - Bullish
Trading plan:
Entry: 4.858699 – 4.964967
Stop loss: 4.146702
Target price 1: 5.485681
Target price 2: 5.868246
Target price 3: 6.442094
Why choose this strategy?
• The 15-minute Relative Strength Index (RSI) is at 54.18, neutral but rising — momentum is building rather than weakening.
• The 1-hour Average True Range (ATR) is 0.3037, wide enough to catch late selling, but tight enough for breakout traders.
• The daily trend is bullish, and the entry reference price of 4.9118 is just above the support at 4.8587 — a low-risk, high-reward zone, with Target Price 1 before 5.4856.