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Everyone is obsessed with the pump-and-dump noise, completely ignoring the structural support holding firm after a massive liquidation wick.
$LABUSDT - LONG
Trade Plan:
Entry: 15.8500 - 15.9500
SL: 13.4500
TP1: 18.2500
TP2: 21.5000
TP3: 24.3980
Why this setup?
95% confidence on a 4h LONG setup. RSI 15m at 48.2300 (room to run). ATR 1h is 0.4521—tight squeeze priming for a breakout. Entry zone: 15.8500 - 15.9500. First target 18.2500.
Debate:
Is this the accumulation zone for the next leg up, or is this just dead-cat consolidation before a deeper retest?
$LAB